Legal Briefs

National Credit Union Administration (NCUA)

The December edition of the NCUA Report is now available.

The NCUA has released the agenda for the Dec. 12 board meeting.

Housing and Urban Development Department (HUD)

HUD issued a final rule that establishes the definition of a qualified mortgage for loans that HUD guarantees. The rule will be effective on Jan. 10, 2014.

Federal Reserve Board (FRB)

The FRB has released its third quarter Financial Accounts of the United States report.

The FRB has announced that it will host a free audio conference, “Consumer Compliance Hot Topics- 2013 Year in Review,” on Thursday, Dec. 12. You can register for the event here.  

The December edition of FedFocus has been released.

Financial Crimes Enforcement Network (FinCEN)

FinCEN has issued an advisory to financial institutions regarding jurisdictions with AML deficiencies.  

Federal Trade Commission (FTC)

The FTC has announced the launch of its redesigned website. The new website is now easier to use on mobile devices.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of Nov. 26. The last update prior to this was Nov. 14.


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Compliance News, NCUA.