New On-Line Guide To Protect Elderly From Financial Abuse
The Consumer Financial
Protection Bureau (CFPB) was established by Congress to carry out Federal laws
concerned with consumer financial protection. On June 19th, the
CFPB published an on-line manual entitled “Protecting Residents From
Financial Exploitation: A Manual For Assisted Living and Nursing
Facilities.” The 44-page manual reviews the applicable requirements and
presents a series of action-oriented tools, including a model response
protocol, that can be used by all health care organizations that service the
elderly, including but not limited to assisted living and nursing facilities,
to protect this vulnerable population from financial abuse.
For additional information, please contact Susan Ziel at sziel@kdlegal.com.
