September 26, 2013
Sept. 26, 2013
National Credit Union Administration (NCUA)
The NCUA has posted their September Economic Update.
The NCUA issued a letter to credit unions regarding reporting financial abuse of seniors.
Consumer Financial Protection Bureau (CFPB)
The CFPB has posted a blog article that sheds light on actual elder abuse situations that have been witnessed by financial institution employees.
CFPB Director Richard Cordray delivered a speech at the American Banker Regulatory Symposium and discussed the plans for the Bureau’s future.
The CFPB has released a scorecard on student loan servicers for the 2012-2013 Academic Year.
Federal Reserve Board (FRB)
The FRB has released two interim final rules that clarify how companies should incorporate Basel III capital requirements.
Office of Foreign Assets Control (OFAC)
OFAC has updated the SDN list as of Sept. 24, 2013. The last update prior to this was Sept. 19, 2013.
Questions? Contact the Compliance Hotline: 1.800.546.4465, firstname.lastname@example.org.