Comments are due in the coming weeks on multiple regulatory proposals that will affect credit unions, including proposals from NCUA, the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), Federal Communications Commission (FCC) and others.
Comments are due Aug. 31 on NCUA’s Request for Information on strategies for future examination and supervision utilizing digital technology. NCUA is conducting a comprehensive study of alternative procedures to modernize the agency's examination program, and the request was issued at the June board meeting.
According to the agency, the objective of modernizing is to improve efficiency and effectiveness in achieving the NCUA's mandates under the Federal Credit Union Act. It seeks to support a predominately offsite examination and supervision model by taking advantage of new and emerging approaches and techniques to utilizing data and technology.
Other comments due at the end of August or in September include: