Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
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Agencies want to align money laundering, terrorism financing prevention at banks, credit unions with new FinCEN proposals
Updating the requirements for anti-money laundering/countering the financing of terrorism rule (AML/CFT) compliance at banks and credit unions to match those proposed by law enforcement were proposed by their respective regulators Friday in a joint […]