Regulatory & Compliance

When competing for time on the House Financial Services Committee's docket, supporters of CURIA are hopeful the bill can run with the big boys in terms of priorities.

Both houses of the California State Legislature have passed a bill which would, among other things, include the card industry's data security standards into state law for the first time and provide credit unions with a means of recouping their losses when a retailer or processing institution fails to implement...

Co-sponsors for the Credit Union Regulatory Improvements Act (H.R. 1537) climbed to 126 yesterday, including primary co-sponsor Paul Kanjorski (D-Pa.).

NCUA has determined that in cases where a state chartered, federally insured credit union is merging with a state chartered, federally insured mutual bank, the merging credit union does not have to follow the notification or ballot procedures that a CU would otherwise have to follow in a CU-to-bank charter...

With the addition of a new co-sponsor yesterday evening, the Credit Union Regulatory Improvements Act (H.R. 1537) has tied last Congress' co-sponsorship of 125.

With the addition of a new co-sponsor yesterday evening, the Credit Union Regulatory Improvements Act (H.R. 1537) has tied last Congress' co-sponsorship of 125.

The federal and state banking regulatory agencies issued a statement yesterday advising mortgage services on loss mitigation.

Two freshman lawmakers signed up to co-sponsor CURIA upon returning from the August district work period.