A June 3, 2015, blog post from the CFPB indicates they plan to be “sensitive” to those entities that have put 
forth a good faith effort to be in compliance with the Integrated Disclosure requirements.
Please note that this does not change the August 1st effective date in any way. Also, remember that while this may allow for some exam leniency, we do not feel it will offer any protection from civil liability.
Published
2015/06/05
Diane Dean
Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients. Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!