Compliance Watch
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Texas Court Invalidates DOL Overtime Exemption Salary Threshold Rule
A federal judge in Texas struck down the DOL's latest attempt to raise the minimum salary thresholds for the FLSA's white-collar overtime exemption, finding that the rule exceeded the agency’s statutory authority. Login Required.
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League InfoSight Highlight: We've Launched!
By now, we hope you have seen the exciting news that we have launched the combination of CU PolicyPro and RecoveryPro onto a single site. -
Question of the Week: Regulation D Transaction Limitations
Have there been any changes to Reg D since the 4/28/2020 Interim Rule from the Federal Reserve? -
League InfoSight Highlight: The CU PolicyPro/RecoveryPro Combined Site Launches Next Week
For the past several weeks, we have been sharing updates on the progress of combining CU PolicyPro and RecoveryPro into a single, integrated system. The combined product is set to launch on Monday, Dec. 11 -
Webinar: Steps to Take If Your CU Is Cyber Attacked Like Trellance
Learn about the steps your credit union must take to investigate the impact of a cyber attack. -
Question of the Week: Regulation E and Provisional Credit
Are we always required to provide provisional credit to a member who files a Regulation E dispute? -
Question of the Week: Probate Process Resources
Our credit union is looking for information we can share with our members regarding how the probate process works. Are you aware of such a resource? -
League InfoSight Highlight: Exciting News: The New CU PolicyPro/RecoveryPro Combined Site is on the Horizon
Spoofing is a scam where cybercriminals impersonate a company with a fake email address, display name, text message, or website URL to convince a target that they are a trusted, well-known source from the company. -
Free educational/networking event for audit, risk, compliance pros
Credit union audit, risk, and compliance pros in the Austin area on Dec. 6, are invited to a FREE luncheon and educational/networking event, courtesy of UFCU. Must RSVP. -
League InfoSight Highlight: Here Come the Consumer Compliance Exams
It shouldn’t come as a surprise based on the NCUA’s budget and board member prepared remarks that they are creating consumer compliance specialist positions and starting the process to build out an enhanced consumer compliance exam program. -
Question of the Week: OFAC-Covered Transactions
What types of transactions does the Office of Foreign Assets Control (OFAC) regulations cover?
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