NCUA
Meeting: NCUA Board
Open meeting MATTERS TO BE CONSIDERED: 2018 Mid-Session Budget. Continuation of Federal Credit Union Loan Interest Rate Ceiling. Final Suspension and Debarment Procedures. Proposed Rule, Part 701, Loans to Members. Proposed Rule, Part 702, Risk-Based […]
CFPB
Week ahead: Quarles before Congress, Brainard on reg reform, regulator boards meet – and more
Two congressional hearings featuring the top supervisory official of the Federal Reserve, a speech on regulatory reform by another Fed governor, transitioning capital rules to new accounting provisions by the federal deposit insurer, the monthly […]
NCUA
Credit union regulator to consider final rules on capital planning/stress tests, advertising
Two final rules – on capital planning and stress testing; and on advertising and notice of insured status – will be on the agenda for the National Credit Union Administration (NCUA) Board when it meets […]
NCUA
Online session for credit unions focuses on anti-money laundering compliance requirements
Compliance requirements for credit unions in combatting money laundering – particularly through customer due diligence – is offered in an online session later this month by the federal regulator for the financial cooperatives. The National […]
CFPB
Guidance provided on ‘cyber insurance,’ but exam council calls ‘effective controls’ still the best defense
Guidance for financial institutions considering special insurance to offset financial losses from data breaches and other cyber incidents is offered in a joint statement released Tuesday by federal financial institution regulators. However, the regulators noted […]
CFPB
Week ahead: CFPB leader to argue for significant changes in agency, while court appeal over who is rightful acting director opens
The federal consumer financial protection agency figures prominently in the week ahead, as the acting director is scheduled to testify twice and discuss his significant proposed changes for the bureau – and the claimant to […]
NCUA
Credit union regulator corrects clerical error in equity distribution rule
The federal regulator of credit unions is publishing a correction to its February final rule on equity distributions from the fund that insures credit union member shares (deposits), revising a reference in the text that […]