Compliance Watch
Featured Post
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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Protecting Your Credit Union in a Digital World
October is Cybersecurity Awareness Month. Cyber incidents, like other types of disruptions, can have immediate and long-term impacts and consequences across the credit union. -
Question of the Week: Permanent Record Retention
According to NCUA, what records need to be retained permanently? -
Are Your Policies Up to Date?
It’s hard to believe how quickly the year is flying by. As we approach year-end, now is the perfect time to ask: Have all your policies been reviewed and board-approved this year? -
NCUA Issues No Regulation by Enforcement Policy
Last week, the National Credit Union Administration (NCUA) issued a policy statement that regulation by enforcement is unethical and not permitted at the agency. -
Question of the Week: NCUA Share Insurance and Trusts
Regarding NCUA Share Insurance on a trust, how does membership affect the coverage? -
Don’t Let the Clock Run Out: Sign up for MLO Training Today
InfoSight360's mortgage loan originator training is designed to satisfy the continuing education requirement for mortgage loan originators found in Section 1026.36 of Regulation Z. -
AVM Quality Control Standards Effective This Week
As indicated on the InfoSight360 Compliance Calendar, the interagency quality control standards for automated valuation models (AVMs) take effect on Oct. 1. -
Compliance is a Team Sport
In today’s complex financial landscape, an effective compliance program is a shared responsibility with every department of the credit union. That’s where InfoSight360 comes in. -
Question of the Week: Record Retention for OFAC-Related Documents
Does the new 10-year record retention for OFAC-related documents only apply to rejected transactions or all OFAC-related documents? -
Question of the Week: What is an Apostille?
We were presented with paperwork from a non-citizen member that included an apostille. What is an apostille?
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