New
relief package includes CU wins
Both the House and Senate Monday night
passed the Phase 4 coronavirus relief and fiscal year 2021 funding omnibus package,
which the president subsequently signed. There are several NAFCU-sought provisions
included in the package that will provide additional support for credit unions and their 123 million members.
New
marijuana banking brief details recent developments
NAFCU has a new
version of its marijuana banking brief available online to provide credit unions
with comprehensive updates on IRS guidance, litigation, federal legislative efforts, and state-level marijuana laws.
FinCEN
proposes closing AML gaps for convertible virtual currency, digital asset transactions
The Financial Crimes Enforcement Network (FinCEN) Friday issued a proposed rule
aimed to close anti-money laundering (AML) regulatory gaps for certain convertible
virtual currency (CVC) and digital asset transactions. The proposal would require
banks and money services businesses (MSBs) to submit reports of transactions involving
CVC and digital assets with legal tender status (LTDA) over $10,000.
Save up to $300 on NAFCU conferences and
online training!
'Tis the season to save! Act now to get up to $300
off most 2021 NAFCU conferences and online training subscriptions! Sale ends 1/8/21.
Use
'HOLIDAY' to save on NAFCU's online training programs
Through Jan. 8, credit unions can use the code HOLIDAY to save $300 on NAFCU's
online training subscriptions. The association's Online Training Center provides
credit unions with the best online training and education opportunities, with
new webinars tackling hot topics and changing regulations throughout the year.
