Proposed Rules, Comment Letters and Recent Final Rule Summaries, 2021

Date Rule/Topic NASCUS Summary Comment Letter/Effective Date
November 2021 Request for Comments: Draft Strategic Plan 2022-2026 N/A Available
October 2021 Final Rule: Credit Union Service Organizations (CUSOs) Available Effective November 26, 2021
October 2021 Final Rule: CAMELS Rating System Available Effective April 1, 2022
October 2021  Proposed Rule: Subordinated Debt  Available Available
August 2021 Request for Information & Comment: Digital Assets & Related Technologies Available Available
August 2021 Capital Adequacy: The Complex Credit Union Leverage Ratio; Risk-Based Capital Available Available
June 2021 Final Rule: Derivatives Available Effective June 25, 2021
June 2021 Final Rule: Transition to CECL Available Effective August 2, 2021
June 2021 Final Rule: Capitalization of Interest in Connection with Loan Workouts and Modifications

Available

Effective 30 days after publication in the Federal Register

May 2021

Policy for Setting the Normal Operating Level NCUSIF

Available Available
April 2021 Extent to Which Model Risk Management Principles Support Compliance with BSA/AML & OFAC Available N/A
April 2021

Interim Final Rule: Temporary Regulatory Relief in Response to COVID-19-Prompt Corrective Action

Letter to Credit Unions

Available Available
March 2021 Interim Final Rule Summary: Central Liquidity Facility Available Available
March 2021 Interim Final Rule: Summary Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Available Available
March 2021 Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Private Flood Insurance Available N/A
March 2021 Final Rule: Joint Ownership Share Accounts (Part 745) Available N/A
March 2021 Final Rule: Corporate Credit Unions (Part 704) Available N/A
February 2021

Proposed rule: Capitalization of Interest in Connection With Loan Workouts and Modifications

Available
February 2021 Final rule: Role of Supervisory Guidance (Part 791, Subpart D) Available Available
February 2021 ANPR, Simplification of the RBC Requirements (Parts 702 & 703) Available Available
February 2021 Proposed rule: CAMELS Rating System Available Available
February 2021 Proposed rule, Risk-Based Net Worth — COVID 19 Relief; Complex credit union threshold (Part 702) Available Available
February 2021 NCUA 2021 Regulatory Review Available Available
January 2021 Proposed rule: CUSOs (part 712) Available Available
January 2021 Request for Information, NCUA Communications & Transparency Available Available
January 2021 NCUA Proposed Rule BSA Part 748 Available Available
January 2021 Final rule, Temporary Regulatory Relief in Response to COVID-19 — Extension Available N/A

Archive

Proposed Rules, Comment Letters and Final Summaries 2020

Proposed Rules, Comment Letters and Final Summaries 2019

Proposed Rules, Comment Letters and Final Summaries 2018

Proposed Rules, Comment Letters and Final Summaries 2017