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NCUA Rules 701 and 714: Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions
NCUA Final Rule Summary NCUA Rules 701 and 714: Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions (NCUA-2022-0185) NASCUS Legislative and Regulatory Affairs Department September 29,...
FinCEN: Beneficial Ownership Information Reporting Deadline Extension for Reporting Companies Created or Registered in 2024
Notice of Proposed Rulemaking and Request for Comment FinCEN: Beneficial Ownership Information Reporting Deadline Extension for Reporting Companies Created or Registered in 2024 NASCUS Legislative and Regulatory Affairs Department September...
FinCEN Issues Compliance Guide to Help Small Business Report Beneficial Ownership Information
FinCEN Issues Compliance Guide to Help Small Business Report Beneficial Ownership Information NASCUS Legislative and Regulatory Affairs Department September 22, 2023 As the January 1, 2024 compliance deadline looms, FinCEN...
FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering”
FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering” FIN-2023-Alert005 NASCUS Legislative and Regulatory Affairs Department September 11, 2023 On September 8, 2023, FinCEN issued an...
Letter to Credit Unions 23-CU-07: Cyber Incident Notification Requirements
Letter to Credit Unions 23-CU-07 Cyber Incident Notification Requirements NASCUS Legislative and Regulatory Affairs Department August 17, 2023 NCUA issued Letter to Credit Unions 23-CU-07 to provide additional guidance on...
Final Rule Summary NCUA: Federal Credit Union Bylaws
Final Rule Summary NCUA: Federal Credit Union Bylaws NASCUS Legislative and Regulatory Affairs Department July 28, 2023 On March 15, 2022, Congress enacted the Credit Union Governance Modernization Act of...
Letter to Credit Unions 23-CU-06 Importance of Contingency Funding Plans
Letter to Credit Unions 23-CU-06 Importance of Contingency Funding Plans NASCUS Legislative and Regulatory Affairs Department August 1, 2023 On July 28, 2023, the NCUA issued Letter to Credit Unions...
Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations
Proposed Interagency Guidance with Request for Comment Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations NASCUS Legislative and Regulatory Affairs Department July 25, 2023 On July 21,...
NCUA: Minority Depository Institution Preservation Program Proposed Interpretive Ruling and Policy Statement
Minority Depository Institution Preservation Program Proposed Interpretive Ruling and Policy Statement National Credit Union Administration NASCUS Legislative and Regulatory Affairs Department July 28, 2023 In 2015, the NCUA Board approved...
CFPB Summary: Interagency Proposal on Quality Control Standards for Automated Valuation Models
CFPB Summary re: Interagency proposal on quality control standards for automated valuation models The OCC, Board, FDIC, NCUA, CFPB, and FHFA invite comment on a proposed rule to implement the...
Summary of NCUA Letter 23-CU-05: Interagency Commercial Real Estate Loan Accommodations and Workouts
NASCUS Legislative and Regulatory Affairs Department July 10, 2023 On, June 29, 2023, the National Credit Union Administration (NCUA) issued Letter to Credit Unions 23-CU-05: Commercial Real Estate Loan Accommodations...
Summary of NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology
NASCUS Legislative and Regulatory Affairs Department July 10, 2023 The National Credit Union Administration (NCUA) Board has published a Notice and Request for Comment Regarding NCUA Operating Fee Schedule Methodology....