Legal Briefs

National Credit Union Administration (NCUA)

The NCUA announced that Rick Metsger has taken the oath of office to serve on the board.

The NCUA has released the August edition of the NCUA Report.

Consumer Financial Protection Bureau (CFPB)

The CFPB has announced that it has formed a partnership with the Department of Labor to help workers with disabilities increase their financial capability.  

Federal Reserve Board (FRB)

The FRB, in conjunction with five other federal agencies, has released a revised proposed risk retention rule dealing with asset-back securities.

Financial Accounting Standards Board (FASB)

FASB announced that it is offering a free webinar on Tuesday, September 10 that will provide an overview of proposed changes to the 2014 GAAP Financial Reporting Taxonomy.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of August 22, 2013. The last update prior to this was August 21, 2013.


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Compliance News, Federal, NCUA.