An application released in October to facilitate credit unions’ self-testing of their cybersecurity preparedness costs nothing and can be downloaded via the agency’s website, the agency said in a letter Wednesday to insured credit unions. […]
The impacts of the national bank regulator’s final rule rescinding the 2020 Community Reinvestment Act (CRA) regulations, which were issued only by that agency, should be limited given the delayed compliance dates for some of […]
Comments are due Jan. 24 on the 2022-26 strategic plan for the federal credit union regulator, the agency said Wednesday. The National Credit Union Administration (NCUA) said it is specifically looking for comments on the […]
Input on how to modernize and streamline the United States’ anti-money laundering and countering the financing of terrorism (AML/CFT) regime, carried out under the Bank Secrecy Act (BSA), is sought in a request for information […]
A $2.26 billion operating budget for 2022 – slightly lower overall (0.7%) from the previous year – was approved by the Federal Deposit insurance Corp. (FDIC) Board Tuesday. However, the operating budget includes significant components […]
The board chairman of the federal bank deposit insurer on Tuesday ruled “out of order” another board member’s effort to bring issuance of a request for information (RFI) on bank merger policy before the board […]
Support for reviewing Bank Merger Act (BMA) guidelines was cited by a third member of the board of the bank deposit insurance fund, according to his statement issued Tuesday. Michael J. Hsu, acting comptroller of […]
Rescinding anti-redlining rules adopted in 2020 – and replacing them with a regulation based on those issued by it and fellow federal bank agencies in 1995 – is the aim of a final rule issued […]
A self-initiated inspector general review of the federal credit union regulator’s work posture during the COVID-19 pandemic shows the agency “took actions designed to protect the health and safety of staff in response to COVID-19 […]
Six regulatory activities in 2022 by the federal consumer financial protection agency have been identified by the agency as “key” actions, according to a rulemaking the agency released Monday. The Consumer Financial Protection Bureau (CFPB) […]
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