Posts Tagged ‘regulatory burden’

NAFCU to discuss CUs’ reg burden with FinCEN

NAFCU to discuss CUs’ reg burden with FinCEN

NAFCU will meet today with Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco to discuss the agency's ongoing priorities and credit unions' regulatory burden associated with suspicious activity report (SAR) filings, among other concerns. This [...]

May 25 webinar precursor to CUNA reg burden study

May 25 webinar precursor to CUNA reg burden study

Credit unions interested in participating in CUNA’s updated regulatory burden study are urged to register now, in time for an introductory webinar scheduled for next week. CUNA announced the updated study earlier this month, [...]

Tell your story about the credit union difference

One takeaway from last fall’s presidential election—that people’s voices matter—stands out as a huge positive for credit unions’ advocacy efforts, says CUNA President/CEO Jim Nussle. “Regardless of your political leanings—[...]

Campaign for Common-Sense Regulation

In early January, CUNA, our league partners, and credit unions across the country launched the Campaign for Common-Sense Regulation. The campaign aims to take advantage of a favorable political climate by activating the full breadth [...]

Practice year-round advocacy

Practice year-round advocacy

Capitol Hill isn’t the only place where we, as a unified credit union movement, must meet and discourse with our elected officials. In fact, this summer presented a host of opportunities to connect with [...]

NAFCU sees opportunities in NCUA call report initiative

NCUA should prioritize reducing credit unions’ regulatory burden in its planned call report modernization efforts, NAFCU Senior Regulatory Affairs Counsel Michael Emancipator told the agency Friday. Writing in response to NCUA’s request for information [...]

OT rule will bring more burden, fewer services, CUNA says

OT rule will bring more burden, fewer services, CUNA says

The U.S. Department of Labor’s proposed overtime rule would disproportionately impact credit unions in rural and underserved areas and could force credit unions to limit services, CUNA said in a letter sent Wednesday. [...]

House passes ‘SCRUB Act’; bill awaits Senate action

House passes ‘SCRUB Act’; bill awaits Senate action

The House, voting 245-174, yesterday passed the NAFCU-backed “Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act,” which now awaits Senate action. H.R. 1155 would establish a review process for regulations and [...]

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