NCUA Now Accepting Comment on Review of One-Third of Its Regs

ALEXANDRIA, Va.–NCUA is now accepting comment on the one-third of its rules that are up for review in 2020. 

Comment is open through Aug. 3. NCUA conducts a rolling review of  all of its regulations every three years.

Among the 16 regs up for review in 2020 are:

  • Management Official Interlocks (Part 711 of the rules and regulations)
  • Credit Union Service Organizations (CUSOs) (Part 712)
  • Fidelity Bond and Insurance Coverage for Federally Insured Credit Unions (Part 713)
  • Leasing (Part 714)
  • Supervisory Committee Audits and Verifications (Part 715)
  • Fair Credit Reporting (Part 717)
  • Incidental Powers (Part 721)
  • Appraisals (Part 722)
  • Member Business Loans; Commercial Lending (Part 723)
  • Trustees and Custodians of Certain Tax-Advantaged Savings Plans (Part 724)
  • NCUA Central Liquidity Facility (CLF) (Part 725)
  • Accuracy of Advertising and Notice of Insured Status (Part 740)
  • Requirements for Insurance (Part 741)
  • Share Insurance and Appendix (Part 745)
  • Appeals Procedures (Part 746)
  • Administrative Actions, Adjudicative Hearings, Rules of Practice and Procedure, and Investigations (Part 747)

Where to Send Comment

Comments may be e-mailed to OGCMAIL@NCUA.GOV or mailed to Regulatory Review (2020), Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428.

 

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