This week we’re sharing two updates from the regulators. The first about UDAP/UDAAP and the second on Elder Financial Abuse… OCC Updates Booklet on Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices On December 3rd, the OCC announced updates and rescissions to their booklet containing information for examiners regarding UDAP and UDAAP. In their announcement, the OCC said that the updated booklet… provides further clarity regarding sound risk management […]
