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CFPB · Proposed Rule FR Doc. 2025-08345 · Published

CFPB proposes to rescind nonbank registry of agency and court orders rule (12 CFR part 1092)

The CFPB proposes to rescind its rule requiring certain nonbank covered persons to report certain agency and court orders to a Bureau registry and to file annual compliance reports. No new obligations are imposed.

InformationalIn effect nowChecks passed· adjusted automaticallyRead the rule ↗ (opens in a new tab)

Loan impact

From the rule text · verified

Applies to: Nonbank covered persons subject to certain final public agency and court orders that are currently required to report to the CFPB registry; no loan-level impact.

Affected area
EnforcementGuide Section 12 CFR part 1092
Applicability confidence
Verified: every row above is supported by the source text
Supporting quotes from the rule
  • affected areas“The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to rescind its rule requiring certain types of nonbank covered persons subject to certain final public orders obtained or issued by a government agency in connection with the offering or provision of a consumer financial product or service to report the existence of the orders and related information to a Bureau registry.”
  • guide sections“the Bureau proposes to remove and reserve 12 CFR part 1092.”

What changed

From the rule text · Section 12 CFR part 1092
RequirementPreviouslyNow
Rescind nonbank registry (NBR) ruleRemovedPreviously: Certain nonbank covered persons must report certain final public orders and related information and file annual compliance reports.12 CFR part 1092 would be removed and reserved, ending all NBR registration and reporting requirements.

What to do

AWACS interpretation · not source language

What to review: Review first that this is only a proposal to remove and reserve 12 CFR part 1092. It imposes no new obligations, so nonbank covered persons should keep treating the current registry reporting and annual compliance report requirements as they stand until a final rule changes them. The CFPB also seeks comment on making the rescission effective immediately upon publication.

QC implications

  • Nothing is mandatory in this proposal, so QC has no new test to add because of it.
  • If the rescission is finalized, QC may need to reconsider whether any existing checks on nonbank registry reporting and annual compliance reports are still needed. The record does not say they must be changed now.

Source and record

Version 1 · archived

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