CFPB · Proposed Rule FR Doc. 2025-08347 · Published

CFPB proposes to rescind amendments to Procedures for Supervisory Designation Proceedings

The CFPB proposes to rescind in full its April 2022, November 2022 and April 2024 amendments to the procedures for designating nonbank covered persons for supervision, including the public release of Director decisions and orders. The document is a request for comment with comments due June 13, 2025, and imposes no new obligation.

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Loan impact

From the rule text · verified

Applies to: Nonbank covered persons that could be designated for CFPB supervision; no loan-level requirements are affected.

Affected area
EnforcementGuide Section 12 CFR 1091
Applicability confidence
Verified: every row above is supported by the source text
Supporting quotes from the rule
  • affected areas“Collectively, the rules proposed for rescission provided for public release of final decisions and orders by the Director and made other changes to the CFPB’s procedures for designating nonbank covered persons for supervision.”
  • guide sections“These amendments were codified in 12 CFR 1091.”

What changed

From the rule text · Section 12 CFR Part 1091
RequirementPreviouslyNow
Proposed rescission of supervisory designation procedure amendmentsRemovedNot statedBureau proposes to rescind the rules in full and seek comment on that proposal

Also affected: Section 12 CFR 1091.

What to do

AWACS interpretation · not source language

What to review: No change here is mandatory, so first note that this is only a proposal to rescind in full the supervisory designation procedure amendments in 12 CFR Part 1091, with comments due June 13, 2025, and that it adds no new obligation and affects no loan-level requirements.

Source and record

Version 1 · archived

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