Regulator Board Member
Summary: 20-Risk-01 Cybersecurity Considerations for Remote Work
NCUA Risk Alert: 20-Risk-01 Cybersecurity Considerations for Remote Work April 2020 Common cybersecurity risks for remote workers include Malware attacks, Phishing and other social engineering attacks, and Advance Persistent Threat (APT)...
Summary: Interim Final Rule Part 725 Central Liquidity Facility
NCUA Interim Final Rule Part 725 Central Liquidity Facility Summary Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA has published an Interim Final Rule (IFR) making changes...
Summary: Part 704 Corporate Credit Unions
NCUA Proposed Rule Part 704 Corporate Credit Unions Summary Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA is proposing changes to Part 704, the Corporate Credit Union...
NASCUS L&R Committee CARES Act Teleconferences Recordings and Transcripts
NASCUS hosted two Legislative and Regulatory Committee calls, featuring attorneys from the Washington law firm Venable LLP on April 10 and April 15. Questions from state regulators, credit unions, and state leagues related to operating during the COVID-19 crisis were answered.
StateFocus
StateFocus is a monthly NASCUS publication that highlights legislative and regulatory activities in the states. Each edition explores different states and various issues related to the state credit union system....
Summary: NCUA 2020 Regulatory Review
Summary Prepared by NASCUS Legislative & Regulatory Affairs Department February 2020 The NCUA’s Office of General Counsel maintains a rolling review schedule that identifies one-third of NCUA’s existing regulations for...
Summary: NCUA Proposed Rule Subpart D to Part 708a Combination Transactions with Non-Credit Unions; Credit Union Asset Acquisitions
Summary Prepared by NASCUS Legislative & Regulatory Affairs Department February 2020 NCUA is proposing to add a new Subpart D to § 708a of its Rules & Regulations to...
Summary: 20-RA-01 Other Supervisory Committee Audits
20-RA-01 Other Supervisory Committee Audits January 2020 In September 2019, NCUA published a final rule making changes to the Supervisory Committee regulations in Part 715. In the final rule, NCUA...
Summary: Proposed Rule re: Remittance Transfers Under the Electronic Fund Transfers Act (Regulation E)
Summary: Proposed Rule re: Remittance Transfers Under the Electronic Fund Transfers Act (Regulation E) 12 CFR Part 1005 The Consumer Financial Protection Bureau (CFPB) Prepared by the NASCUS Legislative &...
Summary: NCUA Letter to Credit Unions – Supervisory Priorities for 2020
Letters to Credit Unions 20-CU-01 NCUA Supervisory Priorities for 2020 January 2020 NCUA has published a Letter to Credit Unions (LTCU) identifying the agency’s supervisory priorities for 2020. The LTCU...
Summary: Letters to Credit Unions No.: 19-CU-01 Supervisory Priorities 2019
Letters to Credit Unions No.: 19-CU-01 Supervisory Priorities 2019 January 2019 NCUA has published the first Letter to Credit Unions of 2019 to provide stakeholders an overview of the agency’s...
Summary: Letters to Credit Unions 19-CU-04 Use of Alternative Data in Credit Underwriting
Letters to Credit Unions 19-CU-04 Use of Alternative Data in Credit Underwriting December 2019 NCUA, FRB, CFPB, FDIC, and the OCC have issued a joint statement on the use of...