Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
NCUA
Agency proposes a more ‘principles-based’ derivatives rule, more flexibility for FCUs
A derivatives proposal to make the agency’s regulation less prescriptive and more principles-based – and expanding federal credit unions’ (FCUs) authority to purchase and use derivatives as part of their interest-rate risk (IRR) management – […]
