Description
Compliance Management Systems provide all of our products on a specific topic at a lower cost than you can purchase each item individually, saving you time and money. On June 26, 2013, in United States v. Windsor, the U.S. Supreme Court struck down Section 3 of the Defense of Marriage Act as unconstitutional. In order to fully implement the decision, the CFPB has taken steps to clarify how the decision affects the rules for which the agency is responsible. The Consumer Financial Protection Bureau, through a memo to CFPB staff, stated that to the extent permitted by federal law, it is the CFPB’s policy to recognize all lawful marriages valid at the time of the marriage in the jurisdiction where the marriage was celebrated. The Equal Treatment of Same-Sex Married Couples Compliance Management System provides a Director/Senior Management Update, Playbook, Training Manual, Policy Update, Procedures Update and Risk Assessment to help your financial institution comply with the CFPB’s policy.
