ALEXANDRIA, Va.—The NCUA board Thursday will receive a briefing on the agency’s 2022 mid-session budget, as well as address a final rule regarding asset threshold for determining the appropriate supervisory office.
Also on the agenda, the board will discuss a proposed rule on cyber incident notification requirements; which, according to the agency’s spring rulemaking agenda, will include a review of the federal banking agencies’ November 2021 rulemaking, "Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers.”
The board may consider similar requirements for the credit union system, NAFCU noted.
Regarding the mid-session budget, NAFCU reminded it haspreviously asked NCUA to tailor its budget approach in light of the pandemic.
The meeting is scheduled to begin at 10 a.m. ET and will be available via livestream on the agency’s website.
CUToday.info will provide complete coverage.