NASCUS Staff

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...

Summary: CFPB Statement of Policy on Applications for Early Termination of Consent Orders

CFPB Summary re: Statement of Policy on Applications for Early Termination of Consent Orders 12 CFR Chapter X The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs...

Summary — Interagency Proposed Rule re: Role of Supervisory Guidance

12 CFR Part 1074 (CFPB) Prepared by NASCUS Legislative and Regulatory Affairs Division November 2020 The OCC, Board, FDIC, NCUA and Bureau (collectively, “the agencies”) are inviting comment on a...