Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CompBlog: Updates On Potential NCUA Actions
WASHINGTON (3/6/13)--In the February edition of CUNA's CompBlog Wrap-Up, Credit Union National Association Senior Vice President for Compliance Kathy Thompson provides an overview of anticipated National Credit Union Administration actions that were gleaned during the 2013 Governmental Affairs Conference.

In her "What I Heard at the GAC" column, Thompson notes that further explanatory information on troubled debt restructuring will be released by the agency "very soon," and guidance on what recent credit ratings regulations will mean, and what examiners will be looking for, will be released "within two months." The NCUA plans to conduct more document of resolution training for examiners this spring, she adds.

Other regulatory issues that Thompson touches on include:

  • Loan participations;
  • Concentration risk and student loans;
  • Investments supporting employee benefit plans;
  • Enterprise-wide risk management;
  • Prompt corrective action;
  • Derivatives; and
  • Emergency liquidity.
The Wrap-Up also highlights the results of CUNA's recent credit union examination survey and explains how CUNA plans to use the survey results. And, as it does every month, this issue of CompBlog Wrap-Up lists the upcoming effective dates of new regulations, important compliance articles and reports to read, as well as CUNA training programs.

For more of CUNA's CompBlog Wrap-Up, and other compliance gems including an announcement of the 2013 Compies Award winners, use the resource link.
Other Resources

CUNA’s CompBlog Wrap-Up
RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
23 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
1 Day ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
1 Day ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago