On October 13, 2011, the Consumer Financial Protection Bureau (CFPB) issued its Supervision and Examination Manual - Version 1.0 (Manual). This is first edition of a guide devoted to how the CFPB will supervise and examine consumer financial service providers under its jurisdiction for compliance with Federal consumer financial law.
The Manual is divided into three parts:
Part 1: Describes the supervision and examination process.
Part 2: Contains examination procedures, including both the general instructions and the procedures for determining compliance with specific regulations.
Part 3: Provides templates for documenting information related to supervised entities and the examination process, including examination reports.
Unfortunately, at this time Part 1 and Part 2 are only available as website pages. Part 3 is available in PDF.
However, we have created a Directory and Compendium.
At this time, Part 1 and Part 2 are only available as website pages.
Part 3 is available in PDF.
In preparing our Audit and Due Diligence procedures for our clients, we have combined all three parts into a single Directory with links to both each section's text and website links. There are over 700 pages in this compendium.
Our compendium provides:
- Directory: All Sections
- Contents: Links to Compendium Text
- Contents: Links to CFPB Website Text
We are pleased to share this compilation with you for free.
Due to the huge size of the compendium - over 13 MBs - it must be downloaded from our secure Extranet. If you are interested in obtaining this compendium, please request it and we'll send you the download instructions.
Supervision and Examination Manual - Version 1.0
OUTLINE
Part I - Compliance Supervision and Examination
Supervision and Examination Process
Overview
Examinations
Part II - Examinations Procedures
Compliance Management Review
Unfair, Deceptive or Abusive Acts or Practices
Narrative
Examination Procedures
Equal Credit Opportunity Act
Narrative
Examination Program
Interagency Fair Lending Examination Procedures
Interagency Fair Lending Examination Procedures – Appendix
Home Mortgage Disclosure Act
Narrative
Examination Procedures
Home Mortgage Disclosure Act Checklist
Truth in Lending Act
Narrative
Examination Procedures
Appendix A: High-Cost Mortgage (§ 226.32) Worksheet
Real Estate Settlement Procedures Act
Narrative
Examination Procedures
Checklist
Homeowners Protection Act
Narrative
Examination Procedures
Consumer Leasing Act
Narrative
Consumer Leasing Act Examination Procedures
Consumer Leasing Act Checklist
Fair Credit Reporting Act
Narrative
Examination Procedures
Fair Debt Collection Practices Act
Narrative
Examination Procedures
Electronic Fund Transfer Act
Narrative
Examination Procedures
Checklist
Truth in Savings Act
Narrative
Examination Procedures
Checklist
Privacy of Consumer Financial Information (GLBA)
Narrative
Examination Procedures
Examination Procedures Attachment
Checklist
Mortgage Servicing Examination Procedures
Part III - Examination Process Templates
Templates
Entity Profile
Risk Assessment
Supervision Plan
Examination Scope Summary
Examination Report
Examination Report cover
Examination Report cover letter
LIBRARY
Consumer Financial Protection Bureau
Supervision and Examination Manual
Version 1.0
Announcement
October 13, 2011
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