Posts Tagged ‘Regulations’

Text message blocking rule must not impede legitimate messages

Text message blocking rule must not impede legitimate messages

The Federal Communications Commission’s (FCC) illegal text message blocking proposal should not affect legal texts from credit unions and other financial institutions, CUNA and other organizations wrote to the agency. The comments were sent [...]

Your cryptocurrency regulation questions answered

Your cryptocurrency regulation questions answered

Cryptocurrencies are spreading worldwide with 10,043 tradeable cryptocurrencies as of July 2022. As crypto continues to evolve, so does the regulatory landscape. While more regulation could help stabilize a notoriously volatile crypto market, some [...]

NAFCU urges SBC to include CUs in digital asset reg framework

NAFCU urges SBC to include CUs in digital asset reg framework

NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the Senate Banking Committee ahead of its hearing to review the President’s Working Group (PWG) on Financial Markets’ report on stablecoins, cautioning the committee [...]

CUs: Share feedback on regulatory and legislative hot topics

CUs: Share feedback on regulatory and legislative hot topics

Credit unions are encouraged to share their insights and perspective on current regulatory and legislative hot topics via this month's Economic & CU Monitor survey. Responses to the survey are due tomorrow, Dec. 8; the [...]

NAFCU combats Fed proposed changes to interchange regulation

NAFCU combats Fed proposed changes to interchange regulation

NAFCU Regulatory Affairs Counsel James Akin wrote to the Federal Reserve Tuesday in response to proposed modifications to Regulation II clarifying the requirement for debit card issuers to enable – and allow merchants to choose from – [...]

What can credit unions learn from regulators? (Part 2)

What can credit unions learn from regulators? (Part 2)

The credit union regulatory environment is intended to provide safety and soundness to a movement that has nearly $2 trillion in assets and more than 125 million member-owners. For credit union leaders, compliance is a [...]

Regulators should focus on appropriate AI governance

Regulators should focus on appropriate AI governance

CUNA recommends federal financial agencies continue to work with financial institutions on the use of artificial intelligence (AI) in the delivery of financial services it wrote in response to a joint agency request for information [...]

Spring 2021 CFPB Rulemaking Agenda

Spring 2021 CFPB Rulemaking Agenda

On June 11, the regulators released their Spring 2021 Rulemaking Agendas, which helps inform what the agencies are planning to review and finalize in 2021. The Consumer Finance Protection Bureau (CFPB) also released a blog, [...]

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