Staff
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...
Interagency Statement on the Issuance of the AML/CFT National Priorities
Letter to Credit Unions 21-CU-05 Interagency Statement on the Issuance of the AML/CFT National Priorities July 2021 — NCUA issued LTCU 21-CU-05 to provide credit unions information on the issuance of AML/CFT...
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...
Legal Opinion 21-3500 Proposed Capital Markets Funding Program for Credit Unions
Legal Opinion 21-3500 Proposed Capital Markets Funding Program for Credit Unions April 23, 2021 NCUA issued Legal Opinion 21-3500 to address issues related to a credit union funding program in...
Final Rule Summary: Capitalization of Interest (Parts 741)
Final Rule Summary: Capitalization of Interest (Parts 741) Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued a final rule lifting the Part 741 Appendix B...
CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act
21-RA-06 CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act June 2021 Earlier this year, NCUA issued Regulatory Alert 21-RA-01 to provide...
NCUA Rick Alert: 21-RA-07 Equal Credit Opportunity Act (Regulation B)
21-RA-07 Equal Credit Opportunity Act (Regulation B) June 2021 NCUA’s Regulatory Alert 21-RA-07 discusses the CFPB’s March 2021 interpretive rule clarifying the scope of the prohibition against sex discrimination in...
21-RA-06 CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act
21-RA-06 CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act June 2021 Earlier this year, NCUA issued Regulatory Alert 21-RA-01 to provide...
Renewal of PCA Relief
Letter to Credit Unions 21-CU-04 Renewal of PCA Relief June 2021 NCUA issued LTCU 21-CU-04 to inform credit union of the agency’s renewal of regulatory relief related to PCA rules...
Extent to Which Model Risk Management Principles Support Compliance with BSA/AML & OFAC
Request for Information & Comment: Extent to Which Model Risk Management Principles Support Compliance with BSA/AML & OFAC Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 On April 9,...
Summary of Report #OIG-19-11: Audit of the NCUA’s Joint Examination Process with SSAs
NCUA’s Office of Inspector General (OIG) published the results of a self-initiated audit assessing NCUA’s joint examination process with state supervisory authorities (SSAs).