CFES Modules extend the Core Risk and Compliance Standards to address specialized business activities and unique compliance requirements. Each module builds on the STARC Framework while incorporating product-specific standards and risks. Companies select relevant modules based on their business model and partnership needs. For example, nonbank lenders would utilize the Lending Module in addition to the Core Standards. This modular approach ensures comprehensive coverage while maintaining accessibility for companies focused on specific financial services sectors.
Applies to: Partnerships with lending activities
The Lending Module provides comprehensive compliance guidance for nonbank lending operations, offering both detailed standards for ongoing assessment and accessible pre-launch tools for market entry.
The comprehensive CFES Lending Standards provide detailed compliance guidance across seven critical areas of lending risk management: Lending Governance and Risk Management, Model Risk Management, Loan Origination and Underwriting, Loan Documentation and Disclosures, Loan Servicing and Collections, Consumer Lending Compliance, and Commercial Lending Compliance. Built on the STARC framework with full maturity-based ratings (Levels 5-1), these standards enable established lending operations to demonstrate compliance readiness while supporting innovation in modern lending partnerships.
A streamlined pre-launch assessment tool derived from the comprehensive Lending Standards, focusing on minimum controls that must be in place before launching lending products with bank partners. This checklist identifies the essential operational protocols required prior to product launch, ensuring basic compliance readiness without the complexity of full standards evaluation. All checklist items should be marked “Yes” to proceed with launch. Further enhancements should be made according to a post-launch plan as established between the fintech and bank partners based on their assessment of risks.
Applies to: Stablecoin issuers
Coming Soon – Compliance standards for stablecoin issuers and service providers. Developed through industry collaboration and aligned with emerging regulatory frameworks, including the GENIUS Act, this module addresses the unique operational, technical, and compliance requirements of stablecoin operations. From reserve management and attestation to redemption processes and consumer protection, these standards provide comprehensive guidance for navigating the evolving stablecoin regulatory landscape.
Applies to: Stablecoin issuers
Coming Soon – Compliance standards for stablecoin issuers and service providers. Developed through industry collaboration and aligned with emerging regulatory frameworks, including the GENIUS Act, this module addresses the unique operational, technical, and compliance requirements of stablecoin operations. From reserve management and attestation to redemption processes and consumer protection, these standards provide comprehensive guidance for navigating the evolving stablecoin regulatory landscape.