Summaries
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FinCEN: Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities
Notice of Proposed Rulemaking and Request for Comment FinCEN: Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities NASCUS Legislative and Regulatory Affairs Department January 13,... -
Federal Reserve/FDIC/OCC: Joint Statement on Crypto-Asset Risks to Banking Organizations
Federal Reserve/FDIC/OCC Joint Statement on Crypto-Asset Risks to Banking Organizations Summary January 8, 2023 The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation... -
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... -
Final Rule: Beneficial Ownership Information Reporting Requirements
Final Rule Summary FinCEN: Beneficial Ownership Information Reporting Requirements NASCUS Legislative and Regulatory Affairs Department October 31, 2022 On September 30, 2022, the Financial Crimes Enforcement Network (FinCEN), issued a... -
Debit Card Interchange Fees and Routing
Rule Summary: FRB 12 CFR Part 235; Regulation II; Debit Card Interchange Fees and Routing NASCUS Legislative and Regulatory Affairs Department November 1, 2022 The Board of Governors adopted a final... -
Federal Insurance Response to Catastrophic Cyber Incidents
Treasury Request for Comment Summary: Federal Insurance Response to Catastrophic Cyber Incidents In response to a Government Accountability Office report, the Federal Insurance Office in the Department of Treasury issued... -
Request for Information on the Cyber Incident Reporting for Critical Infrastructure Act of 2022
Summary re: Department of Homeland Security’s Request for Information on the Cyber Incident Reporting for Critical Infrastructure Act of 2022 CISA issued a Request for Information to receive input from... -
Ensuring Responsible Development of Digital Assets
Summary: Ensuring Responsible Development of Digital Assets Prepared by NASCUS Legislative & Regulatory Affairs Department September 2022 On March 9, 2022, the Biden Administration issued Executive Order 14067 ‘‘Ensuring Responsible... -
Letter to Credit Unions: NCUA Begins Phase 3 of Resuming Onsite Operations
Letter to Credit Unions 22-CU-11 NCUA to Begin Phase 3 of Resuming Onsite Operations NASCUS Legislative and Regulatory Affairs Department September 20, 2022 On September 20, 2022, the National Credit... -
FinCEN ANPRM: No-Action Letters
FinCEN ANPRM: No-Action Letters Prepared by NASCUS Legislative & Regulatory Affairs Department June 2022 FinCEN has issued an advance notice of proposed rulemaking (ANPRM) soliciting public comment on questions relating... -
Summary: Federal Reserve Board Discussion Paper “Money and Payments: The U.S. Dollar in the Age of Digital Transformation”
Federal Reserve Board Issues Discussion Paper: “Money and Payments: The U.S. Dollar in the Age of Digital Transformation” January 2022 SUMMARY In January, the Federal Reserve Board (Fed) issued a... -
Summary: Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products/Services
CFPB 2022-0003: Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products/Services The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public related to fees that...