MRA – Regulatory Report

What's up

[ October 30, 2024 ] Credit union regulator proposes $433 million budget for next year, up 12.2% from 2024 NCUA
[ October 25, 2024 ] OCC developing operational resilience standards proposed rule for critical operations OCC
[ October 24, 2024 ] Credit unions added four new charters in FY 2024; cybersecurity incidents detailed to regulator board NCUA
[ October 24, 2024 ] Washington bank faces enforcement action over consumer compliance, other issues The Fed
[ October 23, 2024 ] Report outlines how interest rate decline led to outlook improvement for banks; housing market ‘held up’ The Fed

CFPB rescinds 7 temporary policy statements issued amid COVID-19 crisis; discontinues use of ‘supervisory recommendations’

March 31, 2021 0

Seven policy statements issued from late March to early June 2020 that provided temporary flexibilities to financial institutions in the areas of consumer mortgages, credit reporting, credit cards, and prepaid cards are rescinded as of […]

Credit union regulator proposes $433 million budget for next year, up 12.2% from 2024

October 30, 2024 0

A budget of $433 million in 2025 – up 12.2% from the current year’s spending plan – is proposed in a draft posted by the federal credit union regulator on its website Wednesday. The National Credit Union Administration (NCUA) said [...]
OCC developing operational resilience standards proposed rule for critical operations

October 25, 2024 0

Operational resilience standards for critical operations at banks will be the subject of a forthcoming advance notice of proposed rulemaking (ANPR), the leader of the Office of the Comptroller of the Currency (OCC) said Friday. In a speech before the [...]