NASCUS Staff

Summary: Legal Opinion Reasonable Proximity Analysis

Legal Opinion Reasonable Proximity Analysis June 10, 2020  NCUA’s Legal Opinion addresses FCU field of membership and the term “reasonable proximity,” as used in the Federal Credit Union Act (“FCUA”)...

Summary: FinCEN Guidance FIN-2020-G002

FinCEN Guidance FIN-2020-G002 Frequently Asked Questions Regarding Customer Due Diligence (CDD) Requirements for Covered Financial Institutions August 3, 2020 FinCEN has issued updated responses to 3 FAQs regarding CDD requirements...

Summary: Proposed Rule re: Higher Priced Mortgage Loan Escrow Exemption (Regulation Z)

Summary: Proposed Rule re: Higher Priced Mortgage Loan Escrow Exemption (Regulation Z) 12 CFR Part 1026 The Consumer Financial Protection Bureau  Prepared by the Legislative and Regulatory Affairs Department  July...

Summary: CFPB Request for Information on the Equal Credit Opportunity Act and Regulation B

Summary: CFPB Request for Information on the Equal Credit Opportunity Act and Regulation B The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs Department  August 2020  The...