ALEXANDRIA, Va. (12/28/15)--Commenters will have until March 22 to give feedback on the National Credit Union Administration’s Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) review. Details of the review were published in the Dec. 23 edition of the Federal Register.
Voted on at this month’s NCUA board meeting, this is the fourth and final part of the EGRPRA review conducted every 10 years by the Federal Financial Institutions Examination Council and its federal banking agency members. The NCUA voluntarily participates in the process, and this review will cover rules of procedure and safety and soundness regulations.
EGRPRA calls for categorization of agency regulations, and then the publication of periodic notices in the Federal Register inviting public comment on how the burdens imposed by those rules might be reduced or eliminated.
The following rules of procedure regulations are open for comment:
The following safety and soundness rules are open for comment: