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NASCUS Committee Participation Form
The Legislative & Regulatory Affairs Committee (L&R Committee) Our largest committee, consisting of over 70 members, is comprised of individuals from various segments of our membership, including regulators, credit unions,...
CFPB Request for Information Regarding Consumer Credit Card Market
Summary re: CFPB Request for Information Regarding Consumer Credit Card Market Docket No. CFPB-2023-0009 Section 502(a) of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act or...
NCUA Rules 701 AND 714: Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions
NCUA Proposed Rulemaking Summary 2022-0185 NCUA Rules 701 AND 714: Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions NASCUS Legislative and Regulatory Affairs Department January 6,...
Letter to Credit Unions 22-FCU-03: Expiration of Emergency Exemption from Certain In-Person Meeting Requirements
NCUA Letter to Federal Credit Unions 22-FCU-03 NASCUS Legislative and Regulatory Affairs Department December 10, 2022 On December 7, 2022, NCUA issued NCUA Letter 22-FCU-03[1] regarding the Expiration of Emergency...
CFPB Circular 2022-07: Reasonable Investigation of Consumer Reporting Disputes
Summary re: CFPB Consumer Financial Protection Circular 2022-07: Reasonable Investigation of Consumer Reporting Disputes 12 CFR Chapter X The Consumer Financial Protection Bureau (CFPB) issued this circular to respond to...
Outline of Proposals and Alternatives Under Consideration for SBREFA: Required Rulemaking on Personal Financial Data Rights
High Level Summary and Discussion Guide of Outline of Proposals and Alternatives Under Consideration for SBREFA: Required Rulemaking on Personal Financial Data Rights Section 1033(a) of the Dodd Frank Act...
Appraisal Subcommittee; Appraiser Regulation; Temporary Waiver Requests
Final Rule Summary: Appraisal Subcommittee; Appraiser Regulation; Temporary Waiver Requests NASCUS Legislative and Regulatory Affairs Department November 21, 2022 The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council...
Unanticipated Overdraft Fee Assessment Practices
Summary re: CFPB Consumer Financial Protection Circular 2022-06: Unanticipated Overdraft Fee Assessment Practices 12 CFR Chapter X The Consumer Financial Protection Bureau (CFPB) has issued Consumer Financial Protection Circular 2022-06,...
CISA Guidance Summary: Implementing Phishing-Resistant MFA—Implementing Number Matching in MFA Applications
CISA Guidance Summary: Implementing Phishing-Resistant MFA — Implementing Number Matching in MFA Applications NASCUS Legislative and Regulatory Affairs Department November 10, 2022 The Cybersecurity & Infrastructure Security Agency (CISA), a subordinate...
CFPB Notice and Request for Comment Regarding the CFPB’s Inquiry Into Big Tech Payment Platforms
Summary re: CFPB Notice and Request for Comment Regarding the CFPB’s Inquiry Into Big Tech Payment Platforms The Bureau ordered six large technology companies operating payments systems in the United...
Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices
Summary re: CFPB Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices 12 CFR Chapter X A returned deposited item is a check that a consumer deposits into their checking...
Advisory Opinion on Fair Credit Reporting; Facially False Data
CFPB Summary re: Advisory Opinion on Fair Credit Reporting; Facially False Data 12 CFR Part 1022 The Consumer Financial Protection Bureau (CFPB) issued this advisory opinion to highlight that a...