MOU Consumer Financial Laws definition

MOU Consumer Financial Laws shall include Federal consumer financial law as defined in Section 1002(14) of the CFP Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, 15 U.S.C., §§ 6101-6108, the FTC Act, and all rules promulgated pursuant to those statutes applicable to the offering or provision of Consumer Financial Products or Services.
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Examples of MOU Consumer Financial Laws in a sentence

  • The CFPB shall consult with the FTC, in accordance with Section I022(b)(2) of the CFP Act, regarding rulemakings under MOU Consumer Financial Laws covering the conduct of MOU Covered Persons in connection with offering or providing Consumer Financial Products or Services.

  • The agencies shall coordinate law enforcement activities regarding the offering or provision of Consumer Financial Products or Services by MOU Covered Persons under the MOU Consumer Financial Laws, including conducting joint investigations where appropriate, to minimize duplication of efforts and burden on MOU Covered Persons.

  • To promote consistency in guidance provided to MOU Covered Persons, the CFPB and the FTC shall confer as requested by the agencies, but at least once annually, to discuss initiatives regarding agency policy statements and interpretive rules to be publishe d in the Federal Register, agency bulletins, and agency advisory opinions that interpret or apply MOU Consumer Financial Laws to the conduct of MOU Covered Persons in connection with offering or providing Consumer Financial Products or Services.

Related to MOU Consumer Financial Laws

  • Australian Consumer Law means the law as set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth).

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.

  • Consumer Contract means an agreement between the Retailer and the Consumer that includes the supply of electricity and distribution services;

  • Consumer Loans means Loans to individuals for household, family and other personal expenditures (including United States and/or State-guaranteed student loans and extensions of credit pursuant to a credit card plan or debit card plan).

  • Consumer loan means a loan to one or more individuals for household, fam- ily, or other personal expenditures. A consumer loan does not include a home mortgage, small business, or small farm loan. Consumer loans include the following categories of loans:

  • Consumer-goods transaction means a consumer transaction in which:

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • Consumer product means a chemically formulated product used by household and institutional consumers including, but not limited to, detergents; cleaning compounds; polishes; floor finishes; cosmetics; personal care products; home, lawn, and garden products; disinfectants; sanitizers; aerosol paints; and automotive specialty products; but does not include other paint products, furniture coatings, or architectural coatings. As used in this article, the term “consumer product” shall also refer to aerosol adhesives, including aerosol adhesives used for consumer, industrial, and commercial uses.

  • Consumer Protection Act means the Consumer Protection Act, No 68 of 2008;

  • Consumer goods means goods that are used or bought for use primarily for personal, family, or household purposes.

  • Consumer credit transaction means a consumer credit sale or consumer loan, or a refinancing or consolidation thereof, or a consumer lease, or a consumer rental purchase agreement.

  • Consumer debtor means a debtor in a consumer transaction.

  • Post-Consumer Waste means any product generated by a business or consumer which has served its intended end use, and which has been separated or diverted from solid waste for the purpose of recycling into a usable commodity or product, and which does not include post-industrial waste.

  • Motorsport Australia means the Confederation of Australia Motor Sport Ltd. trading as Motorsport Australia;

  • Danish Financial Business Act means the Danish Financial Business Act (Consolidated Act No. 174 of 31 January 2017, as amended);

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Postconsumer waste means a finished material that would normally be

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • AML Laws means all Laws of any jurisdiction applicable to any Lender, Holdings, any Borrower, any Guarantor or any of Holdings’ other Subsidiaries from time to time primarily or in any material manner concerning or relating to anti-money laundering.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • The Consumer Price Index means the Consumer Price Index for Canada as published by Statistics Canada (1971 = 100) and hereinafter called the C.P.I.

  • Consumer lease means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose, if the total payments to be made under the lease contract, excluding payments for options to renew or buy, do not exceed $25,000.00.

  • Consumer Price Index means the Consumer Price Index for

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • Credit Risk Retention Rules shall have the meaning set forth in Section 4.9(a).