Blog
- REGular Blog: Weekly Roundup: July 26th
July 26, 2024Happy Friday everyone! Summer is FLYING by - it's hard to believe it's almost August already! I was on site at a credit union this morning doing some training for some of their supervisory committee members when the conversation turned to back-to-school preparations. Hard to believe! As we wrap up July and head into August, lets take a look at some of this week's developments in regulatory compliance.
- REGular Blog: NCUA Board Meeting Summary – July 18th, 2024
July 19, 2024VACUL’s J.T. Blau attended the NCUA Board meeting on Thursday, where the Board proposed rules for succession planning and incentive-based compensation arrangements. They also voted to extend the interest rate ceiling for federal credit unions. Read more here!
- REGular Blog Weekly Roundup: July 12, 2024
July 12, 2024In today’s REGular blog we’re recapping some of this week’s key items for credit union regulatory compliance, including a preview of next week’s NCUA board meeting, the release of 2023 HMDA data, and a new proposed rule from the CFPB on mortgage servicing. Read more here!
- FinCEN's Proposed BSA Rule Part 2: Impact on the Existing Pillars
July 11, 2024FinCEN’s Proposed Rule: Part 2. After looking at the possible new sixth BSA pillar, today’s REGular blog post dives in on how FinCEN’s proposed rule on AML/CTF programs would impact the current BSA pillars and their compliance requirements for credit unions. Read more here!
- FinCEN Issues Proposed Rule: Is a Sixth Pillar on the Horizon?
July 10, 2024FinCEN has issued a proposed rule which could create a sixth BSA pillar – an AML/CFT risk assessment. We’re looking at the details of this part of the proposed rule in today’s REGular blog. Read more here!
- NCUA Releases Regulatory Agenda: What's New on the List?
July 9, 2024The NCUA and other regulatory agencies have released their Spring 2024 Regulatory Agendas. NCUA’s list includes a number of planned proposed rules new to this edition of the Agenda. Read more about them in today’s REGular blog!
- Unified Regulatory Agenda Part 2: CFPB and FinCEN
July 9, 2024After examining the NCUA’s Rulemaking Agenda, we take a closer look at some key items from the CFPB and FinCEN in Part 2 of our Unified Regulatory Agenda analysis. Read more in today’s REGular blog!
- CFPB Issues Summer 2024 Supervisory Highlights - Key Takeaways for Credit Unions
July 3, 2024The CFPB has released the latest edition of its Supervisory Highlights. Credit unions can learn from the common findings highlighted in the report to ensure their procedures and practices are compliant. In today’s REGular blog, we highlight key findings in the report and give takeaways and best practices for credit unions.
- NCUA issues annual Cybersecurity and Credit Union System Resilience Report
July 2, 2024The NCUA recently released their annual Cybersecurity and Credit Union System Resilience Report. The report looks at cyber threats facing credit unions and how the NCUA and credit unions can stay prepared. Read more in today’s REGular blog post.
- Supreme Court Overturns Chevron Doctrine
July 1, 2024In a landmark decision on Friday, the Supreme Court overturned the Chevron doctrine, a legal precedent that has long provided federal agencies with significant deference in interpreting ambiguous statutes. We'll be monitoring developments and impacts on the NCUA, CFPB, and credit unions.