NCUA board approves proposed rule to delay implementation of RBC rule

NCUAboard2019

The NCUA board of directors held its sixth open meeting of 2019 yesterday and approved a proposed rule on the agency’s Risk-Based Capital requirements. The proposed rule approved calls for a delay in the effective date for its RBC rules, pushing the date back to Jan. 1, 2022 rules that were to go into effect on Jan. 1, 2020. It is just the latest delay in a rule that was originally proposed in 2014 and finalized in 2015.

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