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Comments on NCUA digital assets, fair lending due in Sept.

September 3, 2021

Comments on several proposals of interest to credit unions have due dates in September, including NCUA’s request for information (RFI) on digital assets and related technologies.

NCUA seeks comments on the current and potential impact of activities connected to digital assets and related technologies on federally insured credit unions, related entities, and the NCUA. NCUA is broadly interested in receiving input on commenters’ views in this area, including “current and potential uses in the credit union system, and the risks associated with them.”

Comments are due to NCUA Sept. 27.

Other comment deadlines in September include:

  • Sept. 7: Federal Housing Finance Agency (FHFA) policy statement on fair lending, which communicates the agency’s general position on monitoring and information gathering, supervisory examinations, and administrative enforcement related to the Equal Credit Opportunity Act, Fair Housing Act, and Federal Housing Enterprises Financial Safety and Soundness Act.
  • Sept. 9: Federal Reserve proposed amendments to govern funds transfers through the Federal Reserve Banks’ new FedNowSM Service. The Fed is also proposing changes and clarifications to subpart B, governing the Fedwire Funds Service, to reflect the fact that the Reserve Banks will be operating a second funds transfer service in addition to the Fedwire Funds Service, as well as proposing technical corrections to subpart A, governing the check service.