The CFPB warned that recently enacted state data privacy laws, that exempt financial institutions from coverage under federal consumer protection law, may leave consumers' information vulnerable.

FinCEN alerted financial institutions to the growing use of deepfake media by fraudsters who use AI-generated content to fool identity verification processes in schemes targeting the financial sector.

The Financial Stability Board reported that major strides have been made in developing globally consistent standards for "Climate-related financial disclosures."

In a Consumer Financial Protection Circular, the agency warned employers that they cannot "make employment decisions utilizing background dossiers, algorithmic scores, and other third-party consumer reports about workers without adhering to the Fair Credit Reporting Act."

FINRA pushed back the effective date on fractional share reporting enhancements and related guidance from first quarter to no earlier than third quarter, 2025.