Straight to The Point: May 14


star3 There are multiple opportunities for individuals, credit unions and other organizations to support the credit union movement during the Annual Meeting & Convention – The Point

star3 The Federal Financial Institutions Examination Council issued new examination procedures on the final rule, “Customer Due Diligence Requirements for Financial Institutions,” issued by the Financial Crimes Enforcement Network – NCUA

star3 The deadline is fast-approaching for young credit union professionals who plan on applying to “crash” two events through the Cooperative Trust: The Visa Payments Forum and the CUNA America’s Credit Union Conference – The Point

star3 The CFPB listed its controversial plan to issue rules governing overdrafts as “inactive,” and is instead waiting for the appointment of a permanent director to take up the rulemaking – CU Times

star3 NCUA Chairman J. Mark McWatters’ living arrangements has drawn scrutiny from government-watchdog groups – CUToday

star3 The union representing employees at the CFPB is already battling plans by acting Director Mick Mulvaney to restructure the agency – CU Journal

star3 Gov. Andrew Cuomo will meet with candidates to become New York’s next attorney general this week and may endorse one in the coming days – Times Union

star3 As more consumer data is shared across financial institutions, fintechs and data aggregators, the industry is asking for regulators to provide better guidance – American Banker

star3 The Economic Growth, Regulatory Relief, and Consumer Protection Act, S.2155, would create a national standard for authorizing financial institutions to accept scanned driver licenses for purposes of complying with customer identification procedures – New York’s State of Mind

Leave a Reply