April 28 (Reuters) - The Consumer Financial Protection

Bureau (CFPB) has lifted a 2018 consent order related to Wells

Fargo's ( WFC ) compliance risk management, the bank said on

Monday, signaling progress in resolving the lender's outstanding

regulatory issues.

This was the sixth consent order for the bank that

regulators have closed in 2025, Wells said.

"Today's termination, along with the recent closure of other

consent orders, demonstrates that we have completed much of our

common risk and control infrastructure work," Wells CEO Charlie

Scharf said.

In 2018, the bank entered into consent orders, or

enforcement actions involving a fine or specific directive to

address an issue, with the CFPB and the Office of the

Comptroller of the Currency (OCC) to address issues in its

compliance risk management program.

OCC terminated its consent order in February.

Wells Fargo's ( WFC ) regulatory issues came under the spotlight

after a fake accounts scandal that erupted in 2016. Fixing those

problems has been the top priority for the bank under Scharf,

who became the CEO in 2019.