Also: COVID-19 relief hope fades, new CFPB consent order, more to know; ARM ads, nonmember CTRs on Compliance Blog
NAFCU TODAY | The News You Need Daily.
October 16, 2020
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NCUA finalizes corporate CU rule, proposes changes to derivatives rule, more [ [link removed] ]
The NCUA Board Thursday approved a final rule updating its corporate credit union rules and a proposed rule to amend the agency’s derivatives rule in subpart B to part 703 of its regulations. Of note, the board voted to remove the fourth item – a request for information on the agency’s supervisory guidance and communication improvements – from the meeting agenda.
5 things to know this week [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know news, including where coronavirus relief efforts stand, a CFPB settlement with Nissan, a new advisory from FinCEN, Fed insights into COVID-19's impact on the financial system, and PPP fraud.
This week in Compliance: ARM advertisements, nonmember CTRs [ [link removed] ]
As credit unions work to meet the needs of more than 122 million Americans during the coronavirus pandemic, NAFCU's award-winning Regulatory Compliance Team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.
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