CU Staff

Summary: LTCU 21-CU-01, Summary of the Consolidated Appropriations Act 2021

Letter to Credit Unions 21-CU-01 Summary of the Consolidated Appropriations Act 2021 January 2021   NCUA’s LTCU 21-CU-01 discusses the provisions of the Consolidated Appropriations Act, 2021 (CAA 2021) that...

Summary: Regulatory Alert 21-RA-01: CFPB Amends Ability-to-Repay/QM Rule under TILA

Regulatory Alert 21-RA-01 CFPB Amends Ability-to-Repay/QM Rule under TILA January 2021 The CFPB has issued 2 final rules amending the Ability-to-Repay/Qualified Mortgage Rule (ATR/QM Rule) in Regulation Z. Both final...

CFPB Summary: Final Rule re: Debt Collection Practices (Communications)

CFPB Summary: Final Rule re: Debt Collection Practices (Communications) 12 CFR Part 1006 Prepared by the Legislative and Regulatory Affairs Division January 2021 The Bureau issued a final rule to...

Summary: Final rule, Temporary Regulatory Relief in Response to COVID-19 — Extension

NCUA Final Rule Temporary Regulatory Relief in Response to COVID-19: Extension Summary   Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is extending is extending the effective...

Summary: NCUA Proposed Rule BSA Part 748

Summary: NCUA Proposed Rule BSA Part 748  Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is proposing to provide, on a case-by-case basis, exemptions from SAR filing...

Summary: Regulatory Alert 20-RA-09 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...

Summary: Proposed rule, role of supervisory guidance (Part 791, Subpart D)

NCUA Proposed Rule, Role of Supervisory Guidance (Part 791, Subpart D) Summary Prepared by NASCUS Legislative & Regulatory Affairs Department December 2020  NCUA is proposing an addition to § 791 that would...

Summary: Final rule, corporate credit unions (Part 704)

Prepared by NASCUS Legislative & Regulatory Affairs Department December 2020 NCUA has issued a final rule amending its corporate credit union regulations in § 704. The final rule addresses several...

Summary: Procedural rule re: Advisory Opinions Policy

CFPB Summary: Procedural rule re: Advisory Opinions Policy 12 CFR Chapter X Prepared by the Legislative and Regulatory Affairs Division  December 2020  The Consumer Financial Protection Bureau (CFPB) is issuing...

Summary — Advanced Notice of Proposed Rulemaking re: Consumer Access to Financial Records

CFPB Summary: Advanced Notice of Proposed Rulemaking re: Consumer Access to Financial Records 12 CFR Chapter X Prepared by the Legislative & Regulatory Affairs Division November 2020  Section 1033 of...

Summary: Proposed rule, Derivatives (FCUs only)

Summary: NCUA Proposed Rule (FCUs Only); Derivatives Part 703 Prepared by NASCUS Legislative & Regulatory Affairs Department November 2020 NCUA has proposed changes to Subpart B of Part 703, NCUA’s derivatives...