CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Jobs
  • Contact

News

Home » BCFP seeks comments on global collaboration network
Policy & Issues

BCFP seeks comments on global collaboration network

September 26, 2018

The Bureau of Consumer Financial Protection, in collaboration with 11 financial regulators and related organizations, seeks comments regarding a consultation document on a Global Financial Innovation Network (GFIN). Announced last month, the network will seek to provide a more efficient way for firms to interact with regulators.

This interaction is designed to help organizations navigate between countries as they look to scale new ideas. The GFIN will also create a new framework for cooperation between financial services regulators on innovation-related topics.

Stakeholders are invited to comment on the draft consultation document which sets out the GFIN’s three primary functions:

  • Act as a network of regulators to collaborate and share experiences from respective markets, including on emerging technologies and business models;
  • Provide a forum for joint policy work and discussion; and
  • Provide firms with an environment in which to trial cross-border solutions.

Comments are due to the bureau’s Office of Innovation by Oct. 14.

KEYWORDS CFPB
Credit Union Magazine: Winter 2022

Winter 2022

Credit Union Magazine’s Winter 2022 issue highlights data-driven marketing, the board’s role in cybersecurity, elder abuse scams, credit unions’ auto lending advantage, and more.
Digital Edition •  Subscribe

Trending

  • House passes CUNA, League-led board modernization bill

  • CFPB issues CUNA-opposed proposal on credit card late fees

  • Key committee leaders supportive of credit union priorities

Tweets by CUNA_News

Polls

Vote for the 2023 CU Hero of the Year

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2023 Credit Union National Association | ADA Compliance Notice & Legal
Email Us