CFPB Director Rohit Chopra Monday provided remarks at fintech conference “Money 20/20,” where he detailed the parameters that will guide a future rulemaking to implement section 1033 of the Dodd-Frank Act.
In a new insight post on NAFCU’s CFO Network and NAFCU Compliance, Risk, & BSA Network, Regulatory Affairs Counsel James Akin summarizes recent actions and guidance on Interest Rate Risk (IRR) and the net economic value (NEV) supervisory test.
While Members of Congress are back home in their districts, NAFCU is encouraging credit unions to request their local lawmakers support the Secure and Fair Enforcement (SAFE) Banking Act. In July, the House included the SAFE Banking Act as an amendment to their version of the fiscal year 2023 National Defense Authorization Act (NDAA).
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NAFCU's latest Economic & CU Monitor – now available for download – examines survey respondent’s perspectives on payments fraud, common types of fraud vectors, and mitigation strategies.