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Summary: Recission of the Bureau’s Interpretative Rule on the Authority of States to Enforce the Consumer Financial Protection Act of 2010
NASCUS Summary re: Recission of the Bureau’s Interpretative Rule on the Authority of States to Enforce the Consumer Financial Protection Act of 2010 12 CFR Chapter X The Bureau issued...
NASCUS Summary of the May 2025 NCUA Board Meeting
The May 2025 meeting of the National Credit Union Administration (NCUA) Board was held with Chair Kyle Hauptman as the sole board member. The session included two primary briefings: a...
NCUA Summary: Simplification of Share Insurance and Succession Planning Final Rules; Solicitation of Comments
National Credit Union Administration: Simplification of Share Insurance and Succession Planning Final Rules; Solicitation of Comments NASCUS Legislative and Regulatory Affairs Department May 2, 2025 On January 20, 2025, the White...
FinCEN Alert on Bulk Cash Smuggling and Repatriation by Mexico-Based Transnational Criminal Organizations
NASUC Summary: FIN-2025-Alert001 NASCUS Legislative and Regulatory Affairs Department April 16, 2025 On March 31, 2025, FinCEN issued an alert to financial institutions, FIN-2025-Alert001, urging them to be vigilant in...
FinCEN Summary: Beneficial Ownership Information Reporting Requirement Revision and Deadline
Financial Crimes Enforcement Network (FinCEN): Beneficial Ownership Information Reporting Requirement Revision and Deadline NASCUS Legislative and Regulatory Affairs Department March 31, 2025 Background On March 2, 2025, the Treasury Department announced...
CFPB Summary: Proposed Rule/Request for Comments on Harmful Data Broker Practices
CFPB Summary: Proposed Rule/Request for Comments on Harmful Data Broker Practices 12 CFR Part 1022 December 2024 The Consumer Financial Protection Bureau (CFPB) issued a proposed rule and request for...
Office of Comptroller of Currency: Interpretive Letter 1183
Office of Comptroller of Currency: Interpretive Letter 1183 NASCUS Legislative and Regulatory Affairs March 10, 2025 On Friday, March 7, 2025, the Office of the Comptroller of Currency (OCC) published...
Beneficial Ownership Information Reporting Deadline Extension
Financial Crimes Enforcement Network FIN-2025-CTA1: Beneficial Ownership Information Reporting Deadline Extension NASCUS Legislative and Regulatory Affairs Department February 20, 2025 On February 18, 2025, the U.S. District Court for the...
Summary of NCUA Letter to Credit Unions 25-CU-03: Exam Scheduling Policy Changes
NCUA Letter to Credit Unions 25-CU-03: Exam Scheduling Policy Changes NASCUS Legislative and Regulatory Affairs | February 13, 2025 On February 11, 2025, the NCUA issued LTCU 25-CU-03. During the December...
NCUA Summary: 2025 Annual Performance Plan
National Credit Union Administration: 2025 Annual Performance Plan NASCUS Legislative and Regulatory Affairs February 3, 2025 On the NCUA’s January Board Meeting agenda was the approval of the 2025 Annual...
CFPB Summary: Request for Information Regarding Consumer Credit Card Market
NASCUS Summary re: CFPB Request for Information Regarding Consumer Credit Card Market January 2025 | Docket No. CFPB 2025 0004 The Consumer Financial Protection Bureau (CFPB) issued a Request for information...
CFPB Summary: EFTs Through Personal Accounts Using Emerging Payment Mechanisms
NASCUS Summary on the CFPB Proposed Interpretive Rule/Request for Comment on EFTs Through Accounts Established for Personal, Family or Household Purposes Using Emerging Payment Mechanisms January 2025 | 12 CFR Part...