Saying that there are “are no essential board action items to publicly consider at this time,'' NCUA Chairman Debbie Matz announced Thursday that the agency is cancelling the open board meeting scheduled for next Thursday.
Matz added that the agency may cancel additional meetings this year as it seeks to “minimize the number of new regulations that are necessary.'' She added that the agency is “carefully evaluating,'' which rules need to be streamlined, eliminated or clarified in 2012.
Matz noted that the NCUA's Regulatory Modernization Initiative has made progress along these lines and the agency plans to do more.
In addition, the agency is already scheduled to review one third of its regulations this year.
She said the NCUA Board's closed meeting scheduled for next Thursday will be held. It has five supervisory items on its agenda.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
