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January 4, 2024

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CFPB must initiate SBREFA review before overdraft, NSF proposals ([link removed] )

The CFPB must initiate a Small Business Regulatory Enforcement Fairness Act (SBREFA) review of any potential overdraft and non-sufficient funds (NSF) proposed rules, America’s Credit Unions and other financial services trades wrote to CFPB Director Rohit Chopra Wednesday. The CFPB’s most recent rulemaking agenda indicates it expects to issue proposals to regulate NSF fees under …

CFPB must initiate SBREFA review before overdraft, NSF proposals Read More » ([link removed] )

NCUA issues final rule, prohibition notice to end 2023 ([link removed] )

The NCUA, along with the FDIC, Office of the Comptroller of the Currency (OCC), and Federal Reserve issued a final rule last week that amends the Uniform Rules of Practice and Procedure. The rule alters regulations “to recognize the use of electronic communications in all aspects of administrative hearings and to otherwise increase the efficiency …

NCUA issues final rule, prohibition notice to end 2023 Read More » ([link removed] )

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