Recommendations that the federal regulator of credit unions should implement an enterprise-wide cloud computing strategy and develop and implement associated policies, procedures, and standards are provided in an agency inspector general report posted recently to […]
One recommendation – that the federal agency that insures bank deposits establish program-level goals, metrics, and indicators related to the agency’s authority to examine banks’ regional service providers – is provided in an agency inspector […]
A semiannual report covering the period of April 1 through Sept. 30 of this year shows a half-dozen inspector general audits in progress at the National Credit Union Administration (NCUA) and a handful of “significant” […]
An independent audit of the federal credit union regulatory agency’s schedule of investments and other taxes and receipts as of Sept. 30, 2023, presents information fairly under generally accepted accounting principles (GAAP), according to a […]
Findings of four new weaknesses are detailed in a recent Office of Inspector General (OIG) report on the National Credit Union Administration’s (NCUA) compliance with the Federal Information Security Modernization Act (FISMA) and agency information […]
Obtaining bank survey data, or some other mechanism, for developing economic inclusion strategic plans (EISP) in the future for the federal bank deposit insurance program is among the recommendations made by the agency’s inspector general […]
Three recommendations to bring the federal credit union regulatory agency’s quality assurance program (QAP) into full compliance with its own National Supervision Policy Manual (NSPM) are provided in an inspector general report dated Aug. 8 […]
The four small federal credit unions liquidated during the period covered by their regulator’s most recent inspector general report to Congress were closed for reasons including loan and share account manipulation, failure to address Bank […]
There are 17 recommendations for improvements for the federal credit union regulator’s contracting officer’s representative program (COR) in an inspector general’s report dated Tuesday. The report by the National Credit Union Administration’s (NCUA) Office of […]
A recent cybersecurity audit for the federal credit union regulatory agency concludes that the agency needs to enhance its account recertification process for privileged users and to strengthen its Security Information and Event Management (SIEM) […]
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