Legal Briefs

National Credit Union Administration (NCUA)

The NCUA announced that it will remain open during the shutdown of the federal government.  

The NCUA issued a statement to credit unions reminding them of the importance of cyber security.

Consumer Financial Protection Bureau (CFPB)

The CFPB released a report detailing how the CARD Act positively impacted consumers.

Financial Crimes Enforcement Network (FinCEN)

FinCEN issued an advisory to US financial institutions regarding regulatory restrictions on Mexican financial institutions for transactions in U.S. currency.

Federal Reserve Board (FRB)

The FRB has announced that it will hold a free interagency webinar on fair lending hot topics. The webinar will be held on Thursday, Oct. 24, 2013.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of September 30, 2013. The last update prior to this was September 26, 2013.


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Advocacy News, Compliance News, Federal, NCUA.