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Two Upcoming Labor Rule Compliance Dates That CUs Should Keep in Mind

Also, the latest legal briefs from the federal level and your compliance question of the week, answered.

Compliance Center: CFPB Releases 2017 and 2018 HMDA File Specifications

What you need to know about upcoming HMDA file specs; your question answered about opening accounts for Single Member LLCs; plus this week’s legal briefs.

Compliance Center: Cybersecurity Resources

New tools to help your credit union mitigate cybersecurity risk, your question answered on the FFIEC Cybersecurity Assessment Tool, and this week’s legal briefs.

Compliance Center: TCPA Court Ruling Highlights Human Intervention

See how human intervention impacted a recent court ruling on a TCPA complaint; your question answered on opening an account for someone without a Social Security number; plus this week’s legal briefs.

Compliance Center: DFI Issues New Interpretive Letters Regarding Associate Board Member and Director Emeritus Expense Reimbursement

Get the full story on expense reimbursement; your question answered about CULAC compliance; plus this week’s legal briefs.

Compliance Center: CFPB and NCUA Release Spring Update to the Unified Agenda of Rulemaking

Get the skinny on the rule making update—your question answered on reimbursing board members and spouses. Plus this week’s legal briefs.

Compliance Center: New CUNA Tools to Help Credit Unions With TILA/RESPA Compliance

New TILA/RESPA tools; your questions answered about how to ID a minor; plus this week’s legal briefs.

Compliance Center: CFPB Updates Interpretive Rule on Homeownership Counseling

Final rule on homeownership counseling lists; question answered on CIP; plus this week’s legal briefs.

Compliance Center: NCUA Releases 2015 Regulation Review List

NCUA reviewing one third of its regulations; answer to your question about automatic loan payments; plus legal briefs.

Compliance Center: Federal Court Rejects HUD Disparate Impact Rule

Federal court rules on HUD disparate impact rule; question about monthly deposit account statements; and legal briefs.

Compliance Center: “Shellshock” Vulnerability Threatens Credit Union Systems

FFIEC advice on the Shellshock vulnerability; Power of attorney filing question; and this week’s legal briefs.

OFAC Revised Guidance on Entities Owned by Blocked Persons

Treasury issues new guidance on property owned by “blocked persons”. Also in the Compliance Center: legal briefs and the question of the week.

Inter-Agency Guidance Issued for HELOCs Nearing the End-of-Draw Periods

Five federal regulatory agencies and the Conference of State Banks Supervisors issued new guidance for HELOCs nearing their end of draw periods. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Can a credit union sell a reposed vehicle?”

Updates to CFPB Rulemaking Agenda

The Consumer Financial Protection Bureau (CFPB) recently published a semi-annual update of the rulemaking agenda. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Can a credit union open a share account for someone who only has an ITIN and not a Social Security Number?”

Most Credit Union Products Not Subject to Unrelated Business Income Tax, IRS Memorandum Says

The Internal Revenue Service has issued a memorandum that clears nearly all credit union products from being subject to Unrelated Business Income Tax. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Can a credit union run a promotion in which everyone who applies for a car loan is entered to win a prize?”

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

Your weekly update on the regulatory landscape.

A Look Back at Compliance Issues in 2013

Without a doubt, 2013 may have been one of the most challenging years ever for dealing with new compliance requirements.