Compliance Watch

The Federal Trade Commission proposes to commence a rulemaking proceeding to address certain deceptive or unfair acts or practices relating to fees.

NCUA Chairman Todd M. Harper, along with other financial regulatory agency principals, testified at a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Nacha believes that risk management is central to maintaining a high-quality ACH Network that relies on the trust of each participant.

The Consumer Financial Protection Bureau released a new complaint bulletin that highlights complaints the CFPB received related to crypto-assets.

National Credit Union Administration Board Member Rodney E. Hood said that as federally insured credit unions embrace diversity and inclusion, they should go further and bridge society’s divides to better serve their members and communities and foster greater financial inclusion.

We received a dollar bill over the counter that says “For Motion Picture Use Only.” Do we need to turn this bill over to the Secret Service?

In the spirit of Thanksgiving, we’re reflecting on what we’re grateful for, and that’s you.

If creating a business continuity plan (BCP) is on your radar for 2023, we have an opportunity you don’t want to miss.

Question: Are we required to cash savings bonds for non-members? Answer: Yes. As a paying agent of U.S. Savings Bonds, a credit union would be required to cash bonds for non-members per 31 CFR 321.10...

Signed into law as HB 3168 this past May, the Oklahoma Telephone Solicitation Act of 2022 (OTSA) took effect on Nov. 1.