Regulatory & Compliance

The NCUA urges CUs to be flexible in providing for members' needs, as many could be affected by the lapse in government funding.

Other regulatory priorities are expected to include cybersecurity, new advertising and cash solicitation rules by the SEC.

A GAO report states the CFPB fails to use information from its market monitoring and other sources to determine serious consumer problems.

“Laws are meaningless when they are not enforced, and consumers are left to fend for themselves ...," Waters says.

"Lack of authority over third-party servicers does limit the extent to which the NCUA can evaluate and supervise the risks to credit unions ..."

At a cost in the hundreds of millions of dollars, Acting Director Mick Mulvaney's effort to rebrand the agency has been abandoned.