{"abstract":"The Consumer Financial Protection Bureau (CFPB) has issued Consumer Financial Protection Circular 2023-03, titled, \"Adverse action notification requirements and the proper use of the CFPB's sample forms provided in Regulation B.\" In this circular, the CFPB responds to the question, \"When using artificial intelligence or complex credit models, may creditors rely on the checklist of reasons provided in CFPB sample forms for adverse action notices even when those sample reasons do not accurately or specifically identify the reasons for the adverse action?\"","action":"Consumer financial protection circular.","agencies":[{"raw_name":"Consumer Financial Protection Bureau","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2024/04/17/2024-08003.html","cfr_references":[{"chapter":0,"citation_url":null,"part":null,"title":12}],"citation":"89 FR 27361","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The CFPB released this circular on its website on September 19, 2023.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"CFPB","documents":[{"comment_count":0,"comment_start_date":"2024-04-17","updated_at":"2024-11-15T13:57:52.497-05:00","comment_url":"https://www.regulations.gov/commenton/CFPB-2024-0001-0010","allow_late_comments":false,"id":"CFPB-2024-0001-0010","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"CFPB-2024-0001","title":"2024 - Notices"}],"document_number":"2024-08003","effective_on":null,"end_page":27363,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/04/17/2024-08003.xml","html_url":"https://www.federalregister.gov/documents/2024/04/17/2024-08003/consumer-financial-protection-circular-2023-03-adverse-action-notification-requirements-and-proper","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-08003?publication_date=2024-04-17","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-04-17/2024-08003/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":2244,"last_updated":"2026-04-04 06:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-04-17/pdf/2024-08003.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-08003.pdf?1713271515","publication_date":"2024-04-17","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/04/17/2024-08003.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":0,"agency_id":"CFPB","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=CFPB-2024-0001","supporting_documents_count":0,"docket_id":"CFPB-2024-0001","document_id":"CFPB-2024-0001-0010","regulation_id_number":null,"title":"2024 - Notices","checked_regulationsdotgov_at":"2024-11-16T17:00:11Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":27361,"subtype":null,"title":"Consumer Financial Protection Circular 2023-03: Adverse Action Notification Requirements and Proper Use of Sample Forms","toc_doc":"Adverse Action Notification Requirements and Proper Use of Sample Forms","toc_subject":"Consumer Financial Protection Circular 202303:\n","topics":[],"type":"Rule","volume":89}