Regulatory & Compliance

With the addition of Congressman John Hall (D-N.Y.), the Credit Union Regulatory Improvements Act (H.R. 1537) is up to 130 congressional backers.

Freshman Congressman Hank Johnson (D-Ga.) recently signed on as the latest co-sponsor to the Credit Union Regulatory Improvements Act (H.R. 1537).

NCUA Vice Chairman Rodney E. Hood recently addressed CUNA's Payment Systems Conference, focusing on the evolving electronic payment systems as it relates to enterprise wide risk management.

With the most of the major provisions still in place, NCUA said that its final rule on member access to accounting books and records incorporates several changes from the proposal in direct response to public comments.

Regulatory and Compliance 10/03/07 Issue

The Treasury Department and Federal Reserve Board today released a joint proposed rule implementing the Unlawful Internet Gambling Enforcement Act.