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New Proposed Registration Requirements for Covered Financial Products and Services Under the California Consumer Financial Protection Law

December 10, 2021 By Lisa Lanham and Josh Dhyani

Last year, California passed the California Consumer Financial Protection Law (“CCFPL”), which renamed the Department of Business Oversight as the Department of Financial Protection and Innovation (“DFPI”) and expanded the authority of the department, including increased regulatory authority related to certain financial products. Under that widened purview, the DFPI has now proposed regulations requiring registration […]

Filed Under: California, Licensing, State Law, Student Loans Tagged With: #California

Application Deadline Looms Under California Debt Collection Licensing Act

December 2, 2021 By Josh Dhyani and Lisa Lanham

On September 25, 2020, California Governor Gavin Newsom approved Senate Bill 908 – enacting the Debt Collection Licensing Act (DCLA). The DCLA, which takes effect January 1, 2022, requires a person or entity engaging in the business of debt collection in California to be licensed and provides for regulatory oversight of debt collectors by the […]

Filed Under: California, Debt Collection, Licensing, Mortgage Servicing, State Law Tagged With: #California, #debtcollection, #mortgageservicing, Servicing

California Enacts Debt Collector Licensure Law

November 2, 2020 By Nanci Weissgold and Anoush Garakani

A&B Abstract: On September 25, California Governor Gavin Newsom signed into law Senate Bill 908, which, in part, enacts the California Debt Collection Licensing Act (“Act”). Effective January 1, 2022, the Act will require the licensure of persons that engage in debt collection in California with California residents.   Notably, the Act also applies to entities […]

Filed Under: California, Debt Collection, Licensing, State Law Tagged With: #California, #debtcollection

Alston & Bird Details 21 Potentially Significant Impacts from Draft CCPA Regulations

October 16, 2019 By Dan Felz

Late last week, the California Attorney General published much-anticipated proposed Regulations under the California Consumer Privacy Act (“CCPA”). The Regulations are extensive and contain a number of potentially material business impacts. To help companies work through the Regulations, Alston & Bird’s Privacy & Data Security team published a client advisory outlining “21 Potentially Significant Business […]

Filed Under: California, Online Privacy, Privacy and Cybersecurity Tagged With: #California, #CCPA, #Privacy, California Consumer Privacy Act (CCPA)

California Releases Proposed CCPA Regulations

October 11, 2019 By Michael Young

California Attorney General Xavier Becerra released yesterday a Notice of Proposed Rulemaking Action and Proposed Regulations for the California Consumer Privacy Act. The Attorney General will hold four public hearings to address these regulations on December 2, 3, 4, and 5, 2019. The written comment period will then end on December 6, 2019. These regulations are intended […]

Filed Under: Privacy and Cybersecurity Tagged With: #California, #CCPA, #Privacy, Cybersecurity

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Recent Posts

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