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This means that section 1071 data for the years 2025 and 2026 will not be complete annual data and therefore not usable for compliance and examination purposes.
On April 17, 2023 from 1:00 p.m. to 2:30 p.m. ET, Ballard Spahr’s Consumer Financial Services Group will hold a webinar, “The CFPB’s Final Section 1071 Rule on Small Business Data Collection ...
MDS workload could explode if CMS applies data collection requirements ... reporting in calendar year 2025. If any of the required MDS ... function score or the two Section GG ...