Get
more insights into TCPA landscape in Compliance Network
Following the
announcement that the U.S. Supreme Court will review the constitutionality of
a provision of the Telephone Consumer Protection Act (TCPA) that provides an exception
for government-backed debt collection efforts, NAFCU's Mahlet Makonnen offers
insights into the current legal environment for member credit unions on the Compliance, Risk & BSA Network.
ICYMI:
CUs well represented on Capitol Hill by NAFCU staff
NAFCU kicked off
the new year with the release of its 2020 legislative and regulatory priorities.
Over the past two weeks, the association has worked to ensure key decision makers
are informed of the issues credit unions want addressed this year and credit unions' voices are heard on each.
NAFCU
raises CECL concerns to lawmakers ahead of hearing
NAFCU emphasized
concerns about the impact of the current expected credit loss (CECL) standard
on credit unions in a letter sent yesterday to the House Financial Services Committee's
Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets. The
letter comes ahead of today's oversight hearing of the Financial Accounting
Standards Board (FASB) and the Public Company Accounting Oversight Board.
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NAFCU Strategic Growth Conference
CUAC
applications open until Feb. 27
The CFPB is currently accepting applications
from credit union leaders who wish to serve on its Credit Union Advisory Council
(CUAC). CUAC and the CFPB's other advisory councils meet throughout the year
to provide feedback to the bureau on consumer financial issues and industry trends.
NAFCU-member CU on 2020 Fed council
Faheem Masood, president and CEO of NAFCU-member ESL Federal Credit Union (Rochester,
N.Y.), has been selected to serve on the Federal Reserve's Community Depository
Institutions Advisory Council (CDIAC) for 2020.
