Compliance & Regulatory Updates: December 22, 2021

NCUA Provides Guidance on Credit Unions and Cryptocurrency Services: In a letter to federally insured credit unions (FICUs), the NCUA provided clarity and guidance regarding services related to digital assets (cryptocurrency). 

NCUA Extends Regulatory Relief: The NCUA Board voted unanimously to extend the effective date of the temporary final rule it issued in April 2020.  

​NCUA Toolbox Helps CU’s Assess Cybersecurity Preparedness: Cyber attacks are one of the biggest threats to credit unions and other financial institutions.

Sixth Circuit Lifts Stay of OSHA ETS for Large Employers: Last Friday the U.S. Court of Appeals for the Sixth Circuit issued an order lifting the stay on OSHA’s Emergency Temporary Standard requiring larger employers to implement mandatory vaccination policies (ETS).

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