The DFPI mandated financial institutions to report data on their insurance payout handling for Los Angeles fire survivors, threatening enforcement against non-compliance.
What changed
New reporting requirements imposed on financial institutions in response to specific consumer protection needs.
Compliance perspective
Financial institutions must establish processes for tracking and reporting relevant data to ensure compliance with this order.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.