Compliance Watch

A new topic, Mergers and Insured Status Changes, has been added to Field of Membership.

The U.S. Department of Labor’s Occupational Safety and Health Administration has announced it is withdrawing the vaccination and testing emergency temporary standard issued on Nov. 5, 2021, to protect unvaccinated employees of large employers with 100 or more employees from workplace exposure to coronavirus.

The CFPB’s Office of Minority Women and Inclusion has released the  CFPB Report on Diversity and Inclusion within Financial Services.

Treasury announced that OFAC has sanctioned four individuals engaged in Russian government-directed influence activities to destabilize Ukraine.

The FFIEC has announced it has issued a Statement of Principles on Examination Information Requests.

This is a follow-up to a webinar presented in February 2021. The video recording of last year’s webinar is available on demand, and this webinar will provide new information.

CISA and its partners, through the Joint Cyber Defense Collaborative, are responding to active, widespread exploitation of a critical remote code execution (RCE) vulnerability (CVE-2021-44228) in Apache’s Log4j software library, versions 2.0-beta9 to 2.14.1, known as “Log4Shell.”

Effective immediately, Texas Credit Union Department is discontinuing sending individual amendment pages for hard-copy versions of the Texas Finance Code (TFC) or the Credit Union-related Rules found in the Texas Administrative Code (TAC).

On Dec. 17, the Finance Commission adopted rule amendments in 7 Texas Administrative Code Chapter 153, relating to home equity lending.

Due to the recent amendments approved by the Commission relating to Texas Administrative Code Section 91.301, the Application to Amend Bylaws Community of Interest Geographic and other forms have been updated.