CUNA has announced the completion of beta testing a new, comprehensive compliance solution for credit unions that will leverage technology and include features identified by credit unions as fundamental to reducing the compliance burden.

The CFPB has published four frequently asked questions about the Secure and Fair Enforcement for Mortgage Licensing Act , and the amendments made by enactment of S. 2155, amendments effective as of Nov. 24.

Know your leadership’s philosophy and views regarding compliance responsibilities.

The CFPB announced it will continue the publication of consumer complaints, data fields and narrative descriptions through its Consumer Complaint Database but will make several enhancements to the information available.

Compliance management systems allow credit unions to keep up with regulatory changes.

FinCEN announced the launch of its Global Investigations Division, which will investigate and target terrorist finance and money laundering threats and work more closely with foreign counterparts to coordinate actions against such threats.

Review the MLA Final Rule about the law’s provisions to new types of consumer loans.

NCUA finalized changes to its fidelity bonds rule in July, and the changes go into effect Oct. 22. The Federal Credit Union Act requires that certain credit union employees and elected officials have fidelity bond coverage. 

‘I challenge my fellow compliance officers to choose right over easy.’