Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) Policy | Practical Law

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) Policy | Practical Law

A policy that may be used by a financial institution to ensure compliance with the federal prohibition against unfair, deceptive, or abusive acts or practices (UDAAPs). This Policy is based on requirements outlined by the Consumer Financial Protection Bureau for UDAAP compliance. This Standard Document has integrated notes with important explanations and drafting tips.

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) Policy

Practical Law Standard Document w-015-3645 (Approx. 15 pages)

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) Policy

by Practical Law Finance
MaintainedUSA (National/Federal)
A policy that may be used by a financial institution to ensure compliance with the federal prohibition against unfair, deceptive, or abusive acts or practices (UDAAPs). This Policy is based on requirements outlined by the Consumer Financial Protection Bureau for UDAAP compliance. This Standard Document has integrated notes with important explanations and drafting tips.