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.
NCUA
‘Risk-focused’ approach to BSA/AML outlined in regulator/FinCEN joint statement
Common practices for assessing a credit union’s or bank’s money laundering/terrorist financing risk profile are outlined in a joint statement from federal financial institution regulators issued Monday, providing what the agencies said was a “risk-focused” […]
