COMPLIANCE BLOG
Navigating Compliance: Stay Ahead with the Latest Updates
Our compliance blog quickly charts a clear path for member credit unions to navigate the evolving financial landscape.
OFAC to Require Use of Electronic Reporting System
On May 10, 2024, the Office of Foreign Assets Control (OFAC) published an interim final…
The Smoking Gun???
In his statement before the U.S. House of Representatives Committee on Financial Services, Chairman Harper…
Trends in Elder Financial Exploitation (EFE)
On April 18, 2024, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued…
RESPA’s Anti-Kickback Provisions
The spring real estate market usually means more members are applying for mortgages, so I…
Consider Immigration Status Carefully
Does your credit union offer loans? If so, have you looked at your underwriting requirements…
NCUA Issues ANPR Soliciting Comments on Improving and Updating the Records Preservation Program and Appendices
On April 24, 2024, the National Credit Union Administration (NCUA) published an advance notice of…