Orrick Partner John Coleman joins the RegFi podcast for a conversation about what lies ahead for the CFPB’s finalized 1033 rule, including uncertainties created by litigation challenges, election results and the need for additional policy guidance and technical standards. The discussion also highlights key changes from the proposed rule, including extended compliance deadlines, threshold exemptions for smaller depository institutions, secondary use of consumer data and the role of standard-setting organizations (SSOs).

Additional 1033 Coverage:

• The CFPB’s Final Rule on Personal Financial Data Rights: What Financial Institutions Should Know (Orrick Insight)
• RegFi Ep. 22: Data Sharing and the 1033 Rule: An Industry Perspective with Ramon Gomez
• RegFi Ep. 5: The CFPB’s 1033 Rule in a Nutshell

Links:

• Orrick Financial & Fintech Advisory
• RegFiPodcast.com