NASCUS Member Comments Welcome on NCUA Rule Review
July 2 The National Credit Union Administration (NCUA) maintains a rolling review schedule that identifies one-third of NCUA’s existing regulations for review each year and provides notice to the public of those regulations under review so the public may have an opportunity to comment. You can find list of rules under review and NCUA’s request for public comment here.
While the NCUA Regulatory Review identifies one third of NCUA rules for comment each year, NCUA may ultimately decide against making any changes to a rule. Further, NCUA’s rulemaking during the year is not restricted to the rules identified in the annual review.
The 2013 Regulatory Review includes rules governing member business loans, fair credit reporting, privacy of consumer financial information, appraisals and share insurance. The complete list of NCUA regulations under review is available online here. If you have an suggestions for NASCUS’ comments, please email firstname.lastname@example.org by July 19, 2013. Comments on the rules and recommended changes are due to NCUA by August 5, 2013.