what is the role of the consumer financial protection bureau
Consumer Financial Protection Bureau The CFPB writes and enforces rules for financial institutions, examines both bank and non-bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints.[3] Furthermore, as required under Dodd–Frank and outlined in the 2013 CFPB–State Supervisory Coordination Framework, the CFPB works closely with state regulators in coordinating supervision and enforcement activities.[5]
Office of the Superintendent of Financial Institutions The Office of the Superintendent of Financial Institutions (OSFI; French: Bureau du surintendant des institutions financiÃ¨res) is an independent agency of the Government of Canada reporting to the Minister of Finance created "to contribute to public confidence in the Canadian financial system". [1] It is the sole regulator of banks, and the primary regulator of insurance companies, trust companies, loan companies and pension plans in Canada.