Retired
2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act
Regulatory Alert 20-RA-09 2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act December 2020 NCUA’s Regulatory Alert notifies credit unions of the...
Summary: CFPB Statement of Policy on Applications for Early Termination of Consent Orders
CFPB Summary re: Statement of Policy on Applications for Early Termination of Consent Orders 12 CFR Chapter X The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs...
Summary — Interagency Proposed Rule re: Role of Supervisory Guidance
12 CFR Part 1074 (CFPB) Prepared by NASCUS Legislative and Regulatory Affairs Division November 2020 The OCC, Board, FDIC, NCUA and Bureau (collectively, “the agencies”) are inviting comment on a...
NASCUS Current State of FCU FOM Webinar (Members only)
NASCUS Current State of FCU FOM Webinar (Members only) Click on the link above to obtain access to the recording of the webinar on field of membership.
Summary: CARD Act Rules Review Pursuant to the Regulatory Flexibility Act; Request for Information Regarding consumer Credit Card Market
CFPB Summary re: CARD Act Rules Review Pursuant to the Regulatory Flexibility Act; Request for Information Regarding consumer Credit Card Market Docket No. CFPB 2020-0027 The Consumer Financial Protection Bureau...
Presentation from 2020 Virtual Summit
Click on this link for the presentation by John Lass and C. Alan Peppers (members only)
Summary: Federal Banking Agencies Issue Joint Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements
Prepared by NASCUS Legislative & Regulatory Affairs Department September 2020 NCUA and the other federal banking agencies (FBAs) have issued a joint statement updating their guidance regarding how they evaluate...
Summary: FinCEN Final Rule — BSA, CIP, BSA Programs, and Beneficial Owner Rules for PICUs
Prepared by NASCUS Legislative & Regulatory Affairs Department September 2020 FinCEN has issued a final rule applying BSA compliance program requirements to privately insured credit unions (PICUs) and other financial...
Summary: Joint Statement on Additional Loan Accommodations Related to COVID-19
Joint Statement Summary Joint Statement on Additional Loan Accommodations Related to COVID-19 August 2020 The Federal Financial Institutions Examination Council (FFIEC) has issued a Joint Statement to provide prudent risk...
Summary: Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires
Joint Statement Summary Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires September 2020 NCUA, the Federal...
Summary: Anti-Money Laundering Program Effectiveness
FinCEN Advance Notice of Proposed Rulemaking (ANPR) Anti-Money Laundering Program Effectiveness Summary Prepared by NASCUS Legislative & Regulatory Affairs Department September 2020 The Financial Crimes Enforcement Network (FinCEN) has issued...
Summary: CFPB Proposed Rule re: TILA Definition for Seasoned Qualified Mortgage Loan Definition
Summary: CFPB Proposed Rule re: TILA Definition for Seasoned Qualified Mortgage Loan Definition 12 CFR Part 1026 The Consumer Financial Protection Bureau Prepared by the Legislative & Regulatory Affairs Department...