The World Council of Credit Unions published a comment letter in response to the Financial Action Task Force’s proposal regarding anti-money laundering/counterfinancing of terrorism information sharing in the private sector.
The CFPB should recognize that credit unions are good faith partners for members seeking to buy homes, and should modify its ability-to-repay/qualified mortgage (ATR/QM) rule accordingly. CUNA’s comments come in response to a CFPB assessment of its ATR/QM rule.
CUNA wrote in support of legislation Monday that is a step forward in addressing the threat of litigation under the Americans With Disabilities Act, urging legislators to consider how credit unions are being impacted by frivolous litigation.
CUNA and league partners the are working with Congress to remedy an issue surrounding compliance with the Americans with Disabilities Act and are seeking guidance on what is required for websites and online banking software.