CU Times readers say NCUA board debate produces better rules.
The NCUA won’t require credit unions to adopt Basel III capital requirements, said director of Examination and Insurance Larry Fazio. However, as required by statute, he said the federal regulator will have to require credit unions maintain capital that is “comparable” what other regulators enforce.
WASHINGTON — Risk assessments that don’t include capital are incomplete, Fiserv’s Orlando Hanselman told his CU Enterprise Risk Management audience Oct. 2 at the aptly spelled Capital Hilton. Hanselman, education programs director for Fiserv’s risk and compliance unit, added that these days, the only true measurement of capital adequacy is...
WASHINGTON – Including capital in any risk assessment is so important, the assessment would be incomplete without it, expert tells credit union audience.