NASCUS Staff

Proposed Rule: Role of Supervisory Guidance (Part 791, Subpart D)

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

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...

Final Rule: Corporate Credit Unions (Part 704)

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...

ANPR, Simplification of the RBC Requirements (Parts 702 & 703)

Summary: ANPR, Simplification of the RBC Requirements (Parts 702 & 703) Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA has published an Advance Notice of Proposed Rulemaking...

Proposed rule, Risk Based Net Worth – COVID 19 Relief; Complex credit union threshold (Part 702)

Summary: Proposed rule, Risk Based Net Worth – COVID 19 Relief; Complex credit union threshold (Part 702) Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA is proposing...

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...

Final Rule Summary: Role of Supervisory Guidance (Part 791, Subpart D)

Final Rule Summary: Role of Supervisory Guidance (Part 791, Subpart D) Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA has finalized a rule codifying the Interagency Statement...

Central Liquidity Facility (Part 725)

Interim Final Rule Summary: Central Liquidity Facility (Part 725) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA issued an Interim Final Rule (IFR) extending enhancements to the...

NCUA Letter to Credit Unions 24-CU-01: NCUA’s 2024 Supervisory Priorities

Letter to Credit Unions 24-CU-01: NCUA’s 2024 Supervisory Priorities NASCUS Legislative and Regulatory Affairs Department January 24, 2024 On January 22, 2024, the NCUA issued Letter to Credit Unions 24-CU-01 outlining...

Summary: Treasury Final Revised CDFI Certification Application

Final Revised CDFI Certification Application U.S. Department of Treasury NASCUS Legislative and Regulatory Affairs Department December 26, 2023 On December 7, 2023, the Community Development Financial Institution (CDFI) Fund released...

NCUA 2024 FINAL Budget Summary

 NCUA Final 2024 Budget Summary NASCUS Legislative and Regulatory Affairs Department December 19, 2023 The NCUA Board approved a $394.5 million 2024 proposed budget[1] posted on October 26, 2023.  NASCUS...

Summary: FinCEN Alert on COVID-19 Employee Retention Credit Fraud

FinCEN Alert on COVID-19 Employee Retention Credit Fraud FIN-2023-Alert007 NASCUS Legislative and Regulatory Affairs Department December 5, 2023 On November 22, 2023, FinCEN, in coordination with the IRS Criminal Investigation...