Focus Report: Regulation & Compliance
Interest rate risk and whether credit unions are adequately prepared to manage long-term assets continue to stir up controversy. Several experts weigh in on whether concerns have been exaggerated and how credit unions can ensure that they’ll be ready when examiners come knocking. Read more about compliance issues in the following articles:
Interest Rate Risk: Legitimate Threat of Scare Tactic? Financial managers debate whether the NCUA is overblowing IRR concerns, or if the industry faces a serious threat.
Deciphering Long-Term Assets: Is it a disaster? To quote ESPN sports broadcaster Lee Corso: “Not so fast, my friend.”
Risk-Based Capital Buzz Continues; CUs Mull Bitcoins: The headliner at CUNA's America's Credit Union Conference in San Francisco was compliance.