CUSOs, appraisals, member business lending and the Central Liquidity Facility are among the regulations the NCUAwill review in 2013, according to a list posted on the regulator'swebsite Thursday.

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The NCUA is accepting public comments on the substance andclarity of rules on the list, as part of its rolling regulatoryreview in which all regulations are reviewed every threeyears.

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“Credit unions and the products they offer continue to evolve,and effective regulation keeps pace with a changing industry,” saidNCUA Board Chairman Debbie Matz. “We review one-third of NCUA'sregulations each year to make sure our standards are timely andappropriate.

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“At the heart of my Regulatory Modernization Initiative is thecommitment to modifying, streamlining, refining or repealing rulesthat are not required by statute and would not jeopardize safetyand soundness,” Matz said in a statement.

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Additionally, the NCUA will expand its review of federal creditunion bylaws which began in 2012.

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Matz said the regulator has heard ideas from credit unionofficials requesting amendments to the standard bylaws, so theagency will “reach out to volunteer directors and otherstakeholders who can recommend bylaw changes that could bestandardized.”

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Credit unions and other public stakeholders can submit commentsabout the rules under review until Aug. 5.

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Comments can be sent via email to [email protected] with the subjectline “Regulatory Review 2013”, or mailed to Regulatory Review 2013,Office of General Counsel, NCUA, 1775 Duke St., Alexandria, VA22314-3428.

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