BRIEFLY: Fair lending, consumer compliance webinar set; NASCUS 101 on tap for Dec. 9; Bank agencies ‘clarify’ crypto-asset use in summaries; Happy Thanksgiving!

(Nov. 24, 2021) Fair lending and consumer compliance are on the agenda for a Dec. 1 webinar hosted by NCUA, the agency said this week. Registration for the 3 p.m. ET event, to run about an hour, is now open. Topics include 2022 consumer compliance exam scope activities, fair lending updates, 2021 consumer compliance exam scope activities, and regulatory updates, including the rule on capitalizing unpaid interest and the 2021 COVID-19 temporary mortgage servicing rule … Speaking of educational sessions: Don’t forget the Dec. 9 (at 2 p.m. ET) NASCUS 101 — a free, short webinar where participants  learn from the NASCUS team how to make the most of an association membership. Among the topics addressed: What NASCUS is, how NASCUS contributes to the entire credit union industry, how to engage in the regulatory and legislative processes, collaboration with peers, committee and working group involvement, customized communications and more. The webinar is open to all members and prospective members. While it is free to participate, registration is required … Federal banking agencies Tuesday released summaries of their plans to provide “greater clarity” through next year on whether certain crypto-asset-related activities conducted by banks are legally permissible and “related expectations for safety and soundness, consumer protection, and compliance with existing law and regulations.” According to the agencies, the emerging crypto-asset sector “presents potential opportunities and risks to banking organizations, their customers, and the overall financial system” … Here’s to a happy and safe Thanksgiving holiday for all!


Registration: NCUA 2021 Consumer compliance and fair lending regulatory update

Register here for NASCUS 101, Dec. 9, 2 p.m. ET.

Joint Statement on Crypto-Asset Policy Sprint Initiative and Next Steps (PDF)