Also: CFPB issues proposed rule on nonbank entity oversight; Thaler details CU funding priorities

December 13, 2022

ICYMI: NAFCU’s Mesack warns against Reg E expansion ([link removed] )

NAFCU Senior Vice President of Government Affairs Greg Mesack sat down with the Wall Street Journal last week to discuss the repercussions of expanding liability for small banks and credit unions to reimburse consumers who fall victim to fraud scams on peer-to-peer (P2P) payment apps.

CFPB proposes additional oversight over nonbank entities ([link removed] )

The CFPB Monday issued a proposal that would require nonbank entities that are under certain final public written orders obtained or issued by a federal, state, or local agency in connection with the offering or provision of a consumer financial product or service to report the existence of such orders to the bureau through a publicly accessible registry. NAFCU has called on the CFPB to pursue additional oversight and supervision of nonbanks that may be skirting the law or regulations and posing risks to consumers.

NAFCU's Thaler details CU priorities as Congress considers gov’t funding ([link removed] )

In a letter sent Monday, NAFCU's Brad Thaler outlined credit union priorities for the House and Senate as they consider an end-of-year government funding package and conclude legislative work for the 117th Congress.

Engage 2023: NAFCU’s Annual Conference ([link removed] )

Join us in June in picturesque southern California. Engage with industry experts. Discuss the future of banking. Member experience and more!

View Agenda ([link removed] )

NAFCU reiterates need for crypto regs ahead of HFSC hearing ([link removed] )

The House Financial Services Committee today is set to investigate what contributed to the collapse of FTX, a cryptocurrency company now in bankruptcy. Ahead of the hearing, NAFCU Vice President of Legislative Affairs Brad Thaler reiterated NAFCU’s call for a clear regulatory framework for cryptocurrency and other financial technologies.

NAFCU Reg Committee reviews key proposals ([link removed] )

The NAFCU Regulatory Committee met yesterday for their final meeting of the year to discuss proposed rules open for comment from multiple federal agencies, including the Small Business Administration (SBA) and CFPB.

FOMC to discuss rate expectations in 2023 ([link removed] )

The Federal Open Market Committee (FOMC) – the Fed’s monetary-policy setting arm – begins its final meeting of 2022 today and is expected to raise rates another 50 basis points.

BOD23_Holiday_Skyscraper ([link removed] )

NAFCU CALENDAR ([link removed] )

DEC

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Augmenting Your Credit Union’s CORE ([link removed] )

Complimentary Webinar

DEC

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NCUA Transition to CECL ([link removed] )

Compliance Deadline

DEC

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SBA - Small Business Lending Company Moratorium Rescission and Removal of the Requirement for a Loan Authorization ([link removed] )

Comments Due to NAFCU

NAFCU Vendor Directory Compliance ([link removed] )

NAFCU Regulatory Compliance School ([link removed] )

Save $300.00 through January 6, 2023, with the code HOLIDAY.

Earn your NCCO credential when you pass the exams and master CU compliance from A to Z. March 13 – 17, 2023 | Arlington, VA

VIEW THE AGENDA & SAVE $300.00 ([link removed] )

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