Strategies for Future Examination and Supervision Utilizing Digital Technology

Title: Strategies for Future Examination and Supervision Utilizing Digital Technology
Subject: Examination modernization
Agency: NCUA
Status: Request for information
Summary:

The National Credit Union Administration (NCUA) is conducting a comprehensive study of alternative procedures to modernize the agency’s examination program. The objective of modernizing is to improve efficiency and effectiveness in achieving the NCUA’s mandates under the Federal Credit Union Act. The agency seeks to support a predominately offsite examination and supervision model by taking advantage of new and emerging approaches and techniques to utilizing data and technology.

FR Doc: 2020-14129
Date proposed: June 25, 2020
Comments due date: Aug. 31, 2020
Effective date:

Rule compliance date:
Agency release:

Related Reg Report item(s):

Credit union regulator eyes move to virtual examinations, supervision; risk-based net worth proposal pulled from agenda

 

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