Regulatory & Compliance

CUNA and NAFCU commended the Federal Reserve Board for proposing to withdraw unnecessary e-commerce regulations.

CUNA is keeping a watchful eye over the lobbying reform bill weaving its way through Congress to ensure it does not hinder their political efforts.

After a bit of catch-up, NCUA is now generally viewed as "on par" with the other banking regulators regarding Bank Secrecy Act examination and credit unions' need to be ready for it, including how to respond if they are hit with a violation.

Several banking trade groups recently offered feedback on a Securities and Exchange Commission proposed regulation that would exempt banks from having to register with the agency for certain brokerage activities.

Several banking trade groups recently offered feedback on a Securities and Exchange Commission proposed regulation that would exempt banks from having to register with the agency for certain brokerage activities.

The Federal Reserve Board has issued its final rule amending Regulation E allowing financial institutions to skip making a receipt available for purchases of $15 or less.