Consumer Protection

We guide you through dynamic regulatory reviews and remediation to drive consumer loyalty, business growth and compliance.

Our goal is to ensure that you meet your organisation’s needs, adhere to regulatory expectations and leading industry practices, and build sustainable compliance capabilities to support future growth.

Disruptive technologies, evolving customer loyalty, and pressure to enhance economic returns define just some of the challenges financial services organisations need to overcome. The dynamic regulatory landscape and increased emphasis on cost reduction only add to the complexity of achieving profitable growth.

Regardless of your organisation’s complexity, our experts partner with you to evaluate your compliance programme design and operational effectiveness.

Evaluate your compliance programme design and operational effectiveness

Our Consumer protection services

Pro Briefcase

Compliance Management Programme Services

Perform a holistic assessment of your compliance management programme to define its consistency with regulatory expectations and leading industry practices. We also evaluate action plans to address gaps with your compliance programme and related improvement opportunities.

Pro Document Files

Consumer Compliance Regulatory Reviews

Assess regulatory compliance with federal and state consumer protection laws at the programme or product level and perform reviews informed by prudential regulator examination procedures. Using regulatory examination procedures as a baseline, Protiviti develops a testing methodology to assess your practices across product lifecycles, including or limited to marketing, origination, servicing, and loss mitigation.

Pro System Security

Regulatory Consent Order and Remediation Support Services

Support our clients with every stage of the remediation lifecycle, including the development and approval of a remediation plan, execution of the remediation plan, monitoring and validation as requested or required by regulatory action.

Pro Building office

Compliance Operations Support Services

We assist our clients from call centers to loan processing, with creating, operating, and overseeing workflows efficiently, enabling compliance with laws and regulations. We scale our solutions to fit your specific needs.

Pro Document Stack

Compliance Audit Support

Protiviti’s team of former regulators and consumer compliance experts support you in designing, managing, and performing audits to assess compliance with regulatory requirements and expectations. Regulatory compliance audits can be complex and place strain on your resource capacity. You need a partner with a proven track record of supporting various audit activities using co-source, outsource, or staff augmentation models.


Our approach

We tailor our solutions to meet your organisation’s unique needs and industry

Our proven frameworks and methodologies are defined yet iterative, enabling us to be agile in adapting to changing product, organisational, and regulatory environments.  Our Consumer Protection team includes industry experts, former regulators, and highly skilled staff with experience helping our clients navigate the most complex and sensitive consumer compliance matters.

Protiviti combines world-class consumer compliance expertise, and the largest network of highly skilled specialised staffing resources to address your consumer compliance needs through compliance programme management, regulatory reviews, consent and remediation support, and operations and audit support. We tailor our solutions to meet your organisation’s unique needs and industry.

We tailor our solutions to meet your organisation’s unique needs and industry


December 19, 2023

Top-of-Mind Compliance Issues for Financial Institutions in 2024

Discover crucial insights on compliance issues for financial institutions in 2024. From AI to ESG, navigate the evolving landscape with our comprehensive guide.


Gregor Neveling
Gregor is a director with more than 20 years of experience in the financial services industry, both in Europe and Asia. He has extensive experience in corporate, retail and investment banking, wealth and asset management, compliance, AML/CFT, KYC, and risk. He started ...

Case Studies

A global consumer and commercial card lender with over $150 billion in assets under multiple consent orders pertaining to specific regulatory violations required retention of an independent consultant to review the client’s entire compliance framework and process, along with assessing the adequacy of overall compliance staffing levels. Additionally, our client required ongoing monitoring and board-level reporting of remediation efforts.

We performed a comprehensive review of the lender’s compliance framework, related processes, and controls to identify opportunities to strengthen their compliance plan further. This involved documentation reviews, interviews with key stakeholders, and an overall assessment of their compliance framework against industry standards, including an evaluation of staffing levels and skills assessments. Our team also built out reporting capabilities that enabled timely communication to the board and senior management on remediation activities.

We provided a detailed evaluation of their compliance plan that included opportunities for enhancement and a roadmap of activities to achieve the target operating state. This provided the lender additional insights to strengthen their compliance plan submission and receive regulatory approval.

A top U.S. consumer reporting agency that also offers fraud and identity theft, account management, and debt recovery services recently became subject to supervision by the CFPB. Management requested an independent evaluation of the strength of its compliance risk management program for consistency with CFPB requirements and expectations and their readiness to demonstrate both technical compliance and the effectiveness of their compliance management systems to the CFPB.

We staffed a team of former regulators and industry professionals to review the consumer reporting agencies' compliance risk management program leveraging Protiviti’s proprietary Compliance Framework. This included an in-depth review of all compliance risk management components, including consumer complaints management, risk assessment, regulatory change management, monitoring and testing, compliance governance, and issue management frameworks.

We provided a detailed report that included a current state assessment of their compliance risk management program components, gap assessment of current state in comparison to regulatory expectations and industry standards, program maturity assessment summary, and a compliance implementation roadmap. We also supported implementation of program enhancement opportunities.