NWCUA’s Compliance Team outlines what this change means for Northwest credit unions.
Category: Compliance News
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Succession plans must identify key positions covered by the plan, related general competencies and skills, and strategies to fill vacancies.
NWCUA introduces a dynamic business continuity resource to ensure your credit union and your team successfully navigate the next emergency.
Created in partnership with League InfoSight, the tool guides credit unions through the creation, maintenance, and testing of Business Continuity Plans.
This includes insight on due diligence; credit union policies, procedures, and agreements; and advertising.
Here’s a breakdown of Letter to Credit Unions 22-CU-02, sharing insight on this year’s exam program updates and supervisory focuses.
The DCU plans to return to onsite exam work in April using a hybrid approach.
The new bulletin covers the application and regulatory approval process as well as investor disclosure and reporting requirements.
The four revised sections provide further transparency into the BSA/AML examination process.
While regulatory interest in overdraft practices is a recent trend, credit unions should the continuing litigation surrounding these services top of mind.
Hear from industry legal expert Leila Javanshir of Miller Nash at the 2021 Legal Symposium, Dec. 2.
Credit unions continue to need flexibility to ensure the safety of staff and members during the COVID-19 pandemic.
The updated advisory identifies new trends and typologies of ransomware and associated payments.
U.S. DOL Issues Emergency Temporary Standard for Large Employers to Implement COVID-19 Vaccination or Testing Policy
NWCUA’s Compliance team breaks down the new standard and provides insight on state-specific responses.
Implementation of the revised CAMELS rating system will take place on the final rule’s effective date, which is April 1, 2022.
The final rule revises the dollar amounts for the CARD Act, HOEPA, and Ability to Repay Qualified Mortgage provisions.
In addition, the RISK Alert provides tips for preventing wire transfer fraud and information on reporting and recovering funds from BEC fraud.
The 60-minute webinar will feature a video presentation about the Toolbox followed by a question-and-answer session.