Vendor

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).

Policy for Setting the Normal Operating Level NCUSIF

Request for Comment: Policy for Setting the Normal Operating Level NCUSIF  Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 In 2017, NCUA closed the Temporary Corporate Credit Union Stabilization...

Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action

Interim Final Rule Summary: Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action Parts 702                   Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 NCUA issued an...

Part 741 Compendium

This document is an integrated roadmap of Part 741. Each Section of Part 741 is listed in its entirety.

NCUA Summary: Evaluating LIBOR Transition Plans

Letter to Credit Unions 21-CU-03 LIBOR Transition May 2021 NCUA issued LTCU 21-CU-03 to discuss issues related to the cessation of the publication of the London Inter-bank Offered Rate (LIBOR)...

Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning

CFPB Summary: Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning Docket No. CFPB-2021-0004 Prepared by the Legislative & Regulatory Affairs Division April 2021 The OCC, Federal Reserve...

Interim Final Rule Summary Asset Thresholds

Interim Final Rule Summary Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 To help credit unions manage the accelerated...

Summary: Corporate Credit Unions

Final Rule Summary: Corporate Credit Unions (Part 704)                      Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has...