Credit Union
NCUA Summary: Evaluating LIBOR Transition Plans
Letter to Credit Unions 21-CU-03 LIBOR Transition May 2021 NCUA issued LTCU 21-CU-03 to discuss issues related to the cessation of the publication of the London Inter-bank Offered Rate (LIBOR)...
Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning
CFPB Summary: Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning Docket No. CFPB-2021-0004 Prepared by the Legislative & Regulatory Affairs Division April 2021 The OCC, Federal Reserve...
FLASH Messages, CIG Circulars, PINs, Indicator Bulletins and CIS Cyber Alerts
PLEASE NOTE: This information is CONFIDENTIAL and FOR MEMBERS ONLY and SHOULD NOT BE POSTED TO PUBLIC-FACING WEBSITES. FBI Liaison Alert System (FLASH) Messages, CIG Circulars, Private Industry Notifications (PINs),...
Interim Final Rule Summary Asset Thresholds
Interim Final Rule Summary Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 To help credit unions manage the accelerated...
Summary: Corporate Credit Unions
Final Rule Summary: Corporate Credit Unions (Part 704) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has...
2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act
Regulatory Alert 20-RA-09 2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act December 2020 NCUA’s Regulatory Alert notifies credit unions of the...
NASCUS Current State of FCU FOM Webinar (Members only)
NASCUS Current State of FCU FOM Webinar (Members only) Click on the link above to obtain access to the recording of the webinar on field of membership.
Summary: CARD Act Rules Review Pursuant to the Regulatory Flexibility Act; Request for Information Regarding consumer Credit Card Market
CFPB Summary re: CARD Act Rules Review Pursuant to the Regulatory Flexibility Act; Request for Information Regarding consumer Credit Card Market Docket No. CFPB 2020-0027 The Consumer Financial Protection Bureau...
Presentation from 2020 Virtual Summit
Click on this link for the presentation by John Lass and C. Alan Peppers (members only)
Summary: Federal Banking Agencies Issue Joint Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements
Prepared by NASCUS Legislative & Regulatory Affairs Department September 2020 NCUA and the other federal banking agencies (FBAs) have issued a joint statement updating their guidance regarding how they evaluate...
Summary: FinCEN Final Rule — BSA, CIP, BSA Programs, and Beneficial Owner Rules for PICUs
Prepared by NASCUS Legislative & Regulatory Affairs Department September 2020 FinCEN has issued a final rule applying BSA compliance program requirements to privately insured credit unions (PICUs) and other financial...
Summary: Joint Statement on Additional Loan Accommodations Related to COVID-19
Joint Statement Summary Joint Statement on Additional Loan Accommodations Related to COVID-19 August 2020 The Federal Financial Institutions Examination Council (FFIEC) has issued a Joint Statement to provide prudent risk...