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Docket No. CFPB20240002 CBA CommentThe Honorable Rohit Chopra 1700 G Street, NW Washington, DC 20552 Re:Overdraft Lending: Very Large Financial Institutions Notice of Proposed Rulemaking Docket No. CFPB20240002To Whom It May Concern: The Consumer Bankers Association (CBA)1 greatly appreciates the opportunity to comment on the Consumer Financial Protection Bureaus (the CFPBs or Bureaus) notice of proposed rulemaking for Overdraft Lending: Very Large Financial Institutions (the Proposal)
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Inside form uncertainty refers to the lack of clarity or precision regarding the details, definitions, and processes outlined in a specific internal form used for reporting or compliance.
Typically, organizations or individuals who are involved in activities that require reporting to regulatory bodies or adhering to compliance standards are required to file inside forms related to uncertainty.
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The purpose of the inside form surrounding uncertainty is to document and disclose any ambiguity or lack of clarity regarding the information being reported, ensuring transparency and proper handling of uncertain conditions.
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