Legal Briefs

National Credit Union Administration (NCUA)

The NCUA report for November 2013 is now available.

The NCUA has released a new video that assists credit unions with liquidity and contingency funding plans.

NCUA Board Member Michael Fryzel spoke at the American Association of Credit Union Leagues’ 2013 Winter Meeting and discussed how the changing regulatory landscape calls for a “right-sizing” of the agency’s rules on risk-based capital.

The NCUA released the agenda for the Nov. 21 board meeting.

Consumer Financial Protection Bureau (CFPB)

The CFPB issued the final TILA-RESPA combined disclosures rule and explained how the final rule is different from the proposal.

Federal Reserve Board (FRB)

The HOEPA rates for December 2013 have been set.

The November edition of FedFlash is now available.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of Nov. 14, 2013. The last update prior to this was Nov. 13, 2013.


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Compliance News, NCUA.