Compliance and Regulatory News: July 8, 2020

NCUA and Bureau Release Rulemaking Agendas
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The NCUA and Consumer Financial Protection Bureau (Bureau) recently released their Spring 2020 rulemaking agendas

NCUA Seeks Feedback on Modernizing Examinations
The NCUA is conducting a study of alternative procedures to modernize its examination program. An Request for Information (RFI) was published last week seeking feedback from credit unions and other interested parties. 

​NCUA to Reinstate Rural District Removed Due to ABA Lawsuit
In a letter issued to credit unions on July 7, Chairman Rodney E. Hood announced, “The NCUA is in the process of reinstating the rural districts for 18 credit unions that had these removed due to the ABA lawsuit. "

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