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CU Times covers the NCUA, CUNA, NAFCU, CFPB as well as Congress to keep credit union executives up-to-date on regulatory and compliance changes coming out of Washington, D.C.
Throughout history, banking crises have contributed to the evolution of regulations and risk management practices.
America's Credit Unions writes to the NIST asking to help tailor AI regulations for CUs.
Again, credit union officials state their opposition to the Bureau's targeting of "legitimate" fees.
Of the five main priorities, credit risk is at the top of the list for NCUA officials.
What kind of message does the NCUA's priorities send to credit union boards?
The NCUA Board approved a 16.36% increase during the December meeting.
It is crucial for CUs to embrace fintech partnerships and effectively manage the associated compliance challenges.
The meeting marks Tanya Otsuka's first meeting as an NCUA Board Member.
It's time for the NCUA to recalibrate its legitimate safety and soundness concerns against the expectations of CU members.
Credit union leaders see this as another regulatory example that puts credit unions at risk.