It takes a lot of effort to pull off a conference with 450 attendees. From left: Kati Goetsch, CUNA Strategic Services, and the CUNA Councils’ Natalie Sherry and David Rohn work behind the scenes Wednesday afternoon.
FinCEN issued a list last week of frequently asked questions regarding Customer Due Diligence requirements for financial institutions. The document contains 24 sets of questions and answers, which are also available on. CUNA’s CompBlog .
The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif. CUNA has met with the bureau a number of times to address the forthcoming rulemaking.