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Compliance News
CFPB addresses regulatory implementation criticisms
The Consumer Financial Protection Bureau seems to have gone on the defensive last week regarding regulatory burden as its director, Richard Cordray, told a lawyers' group that his agency is "very committed to developing sensible and workable solutions"...
Compliance News
NCUA letter warns, advises about taxi-medallion lending
Credit unions that make taxi-medallion secured loans, participate in those loans or are contemplating doing so should review new agency guidance on the topic.
Compliance News
NCUA testifies supplemental capital could be considered as part of RBC plan
The National Credit Union Administration could consider allowing credit unions greater access to supplemental capital as it finalizes proposed risk-based capital regulations, NCUA General Counsel Mike McKenna said on Wednesday, April 9th.

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