SIPPS

CFPB Executive Summary on Overdraft Lending Fees

NASCUS Summary re: CFPB Executive Summary on Overdraft Lending Fees December 2024 The Consumer Financial Protection Bureau issued a final rule that amends Regulation Z and E to ensure that...

Summary: Agencies Issue Guidance on Elder Financial Exploitation

Agencies Issue Guidance on Elder Financial Exploitation December 18, 2024 On December 4, 2024, the six federal banking agencies and the state financial regulators issued a statement titled “Interagency Statement...

Summary: 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices

NCUA Letter to Credit Unions 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices NASCUS Legislative and Regulatory Affairs Department December 10, 2024 The NCUA Board has...

CFPB Executive Summary on Personal Financial Data Rights Final Rule

NASCUS Summary re: CFPB Executive Summary on Personal Financial Data Rights Final Rule Nov 2024 The Bureau issued a proposed rule and request for comments in October 2023 regarding implementation...

NCUA Summary: Letter to Credit Unions — Board of Director Engagement in Cybersecurity Oversight

NCUA Summary Letter to Credit Unions 24-CU-02 Board of Director Engagement in Cybersecurity Oversight NASCUS Legislative and Regulatory Affairs Department October 22, 2024 The NCUA Board has issued its second...

Summary of the NCUA Final Rule: Simplification of Share Insurance Rules

National Credit Union Administration: Simplification of Share Insurance Rules NASCUS Legislative and Regulatory Affairs Department October 4, 2024 On September 19, 2024, the NCUA Board unanimously approved a final rule...

CFPB Proposed Rule: Remittance Transfers under the Electronic Fund Transfer Act (Regulation E)

NASCUS Summary re: CFPB Proposed Rule/Request for Comments on Remittance Transfers under the Electronic Fund Transfer Act (Regulation E) 12 CFR Part 1005 The Consumer Financial Protection Bureau (CFPB) proposes...

FinCEN Financial Trend Analysis: Mail Theft-Related Check Fraud: Threat Pattern & Trend Information

Financial Crimes Enforcement Network Summary Financial Trend Analysis: Mail Theft-Related Check Fraud: Threat Pattern & Trend Information NASCUS Legislative and Regulatory Affairs Department September 11, 2024 FinCEN’s latest Financial Trend Analysis...

Multi-Agency Summary: Financial Data Transparency Act Joint Data Standards

Financial Data Transparency Act Joint Data Standards Federal Banking Agencies NASCUS Legislative and Regulatory Affairs Department September 6, 2024  The OCC, FRB, FDIC, NCUA, CFPB, FHFA, CFTC, SEC, and Treasury...

CFPB Advisory Opinion Summary: TILA/Reg Z Protections for Homes Sales Financed Under Contracts for Deed

NASCUS Summary re: CFPB Advisory Opinion on TILA/Reg Z Protections for Homes Sales Financed Under Contracts for Deed 12 CFE Part 1026 The Consumer Financial Protection Bureau (CFPB) issued an...

Summary on Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations

NASCUS Summary re: Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations 12 CFR Chapter X The Fed, CFPB, FDIC, NCUA and OCC issued final guidance that highlights...