regulatory burden

• Continuity Control Rolls Out Automated Compliance Software

  By Robert McGarvey  |  March 6, 2013

  Solution tracks NCUA regulations and delivers changes credit unions need to make; targeted to smaller credit unions.

• Trades Beef Up Regulatory Services While Regulators Rack Up Rules

  By Heather Anderson  |  February 27, 2013

  CUNA expands regulatory Advocacy Report distribution while NAFCU reports sharp uptick in compliance help requests.

• Red Tape Snarls Canadian Businesses

  By Michelle A. Samaad  |  February 6, 2013

  Their stories of red tape run the gamut from confusion to utter frustration and anger. Even though a check for the government wasn’t due until the end of October, a business owner sent it end on Oct. 12. However, the government waited until Nov. 11 to cash the check...

• Fed’s Duke: Reg Burden Quantifiably Tougher on Small Banks

  By Heather Anderson  |  February 5, 2013

  Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.

• Letter: Many CU Congressional Allies Are Not Friends

  By Marvin Umholtz  |  January 30, 2013

  In a Guest Opinion article in Credit Union Times [Jan. 23 issue, page xx], former CUNA president Dan Mica, now an industry consultant, shared his forecast for the 113th Congress. His prediction that measuring the success of the next two years by what does not occur rather than by what...

• Credit Union Central of Canada Backs Cutting Small Business Red Tape

  By Michelle A. Samaad  |  January 29, 2013

  Canadian Federation of Independent Business report says small businesses there pay significantly more per employee in regulation costs than in U.S.

• New Mortgage Rules Make Documentation Biggest Challenge

  By Heather Anderson  |  January 23, 2013

  Because credit unions already generally abide by new final qualified mortgage and ability-to-repay rules released Jan. 10 by the Consumer Financial Protection Bureau, the most difficult compliance burden will be to document the process, said John Bundy, compliance manager for CUNA Mutual.

• Marketing Copy Compliance Included in NARFE Deal with COMPASS

  By Heather Anderson  |  January 15, 2013

  COMPASS 4 CUs has picked up its 18th client, the $152 million NARFE Premier FCU of Alexandria, Va.

• Pessimistic Outlook for 2013 in Web Survey of Credit Union Executives

  By Peter Strozniak  |  January 15, 2013

  Weak economy, low interest rates and most of all, regulatory burden, cited in responses.

• Local Regs Reason for Severing Client Relationships: Report

  By Warren S. Hersch  |  January 14, 2013

  Study shows 77% of senior financial services managers would consider ending relationships because of compliance concerns.