Will enforcement precede rulemaking for Buy Now, Pay Later?

The CFPB’s long-awaited Buy Now, Pay Later (BNPL) report is out along with a roadmap from Director Chopra describing next steps. The core finding is that BNPL is a “substitute for credit cards” in both design and usage. In their view, that leads to three areas of risk of consumer harm, including: Inadequate or inconsistent…

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Guideline Welcomes Kevin Young as a Principal

Guideline Welcomes Kevin Young as a Principal Guideline, a regulatory consulting firm focused on the financial services industry, is excited to welcome Kevin Young as a Principal. Kevin is a former Chief Compliance Officer and seasoned risk executive. Guideline co-founder, Mark Westmoreland, commented on Kevin’s appointment “As a former CCO, Kevin has managed compliance, BSA/AML,…

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Guideline, a New Financial Services Consulting Firm, Launched in Partnership with JCW Group

Guideline, a New Financial Services Consulting Firm, Launched in Partnership with JCW Group Guideline combines strategic counsel with a vast network of regulatory experts to tackle complex projects. New York, NY — JCW Group has today launched Guideline, a new consulting firm created to help financial services and FinTech companies solve regulatory challenges no matter…

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