skip to content

COVID-19 Impact on Consumer Financial Services Regulation and Litigation (Webcast)

Topics:
  • Contracts
  • Debt Collection
  • Installment Purchases / Rentals
  • Loans

The Practising Law Institute is offering a free one-hour briefing via webcast entitled COVID-19 Impact on Consumer Financial Services Regulation and Litigation on June 2, 2020 from 1:00 PM-2:00 PM.

Overview

The COVID-19 pandemic has triggered a slew of regulatory actions by federal, state, and local government agencies and an explosion of litigation is expected to follow in its wake. Join Richard Cordray, the former director of the Consumer Financial Protection Bureau, and the other expert faculty members to learn about these regulatory actions and the types of industry practices that are most likely to trigger scrutiny from regulators.

The pandemic is also creating new potential sources of compliance and reputational risk as consumer financial services providers attempt to continue operating during the pandemic. The program will help companies be prepared to identify and address these risks, particularly those that may arise from operations conducted through employees working remotely.

Other topics that faculty will address include:

  • scams, phishing, and the impact on consumer financial services providers;
  • forbearances, loan modifications, and fair lending issues; and
  • private litigation (including class actions) and government enforcement initiatives that may be spurred by the pandemic and steps companies should take to reduce exposure.
  • CLE Credit Comments:

    Pennsylvania CLE Credits: One (1.0) Substantive Credit

    On April 15, 2020 the Supreme Court of Pennsylvania issues a Court Order temporarily waiving the six (6) hours per compliance year limitation on distance learning credits for the 2020 compliance deadlines. Attorneys in Pennsylvania may complete all 12 hours of their 2020 CLE requirements through approved distance learning programs. More information on distance learning CLE credit.

  • Contact:
    Practising Law Institute
    800.260.4PLI