Topic: Risk Management
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Wisconsin CUs back Round 1 of NCUA Deregulation Project
NEWS: Last week, The League filed comment letters on the four proposals in Round 1 of the NCUA’s Deregulation Project: We voiced our credit unions’ backing for an NCUA proposal to amend its regulations on […]
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NCUA’s 2026 Supervisory Priorities
NEWS: The NCUA has released its 2026 Supervisory Priorities, outlining where examiners will focus their attention this year as part of a risk-based supervision approach tailored to individual credit union profiles. This […]
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NCUA proposes rule on incentive-based compensation
COMMENT CALL: The NCUA and other federal financial regulators have jointly issued proposed rules on incentive-based compensation arrangements. They would apply only to federally insured credit unions with at least $1 billion in […]
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FinCEN proposes to update anti-money laundering rules
COMMENT CALL: FinCEN recently issued a proposal to modernize its requirements for Bank Secrecy Act (BSA) programs – now to be called anti-money laundering and countering the financing of terrorism (AML/CFT) programs. Soon […]
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NCUA: 12 CFR 748
Security Program, Report of Suspected Crimes, Suspicious Transactions, Catastrophic Acts and Bank Secrecy Act Compliance. 748.0 Security program. 748.1 Filing of reports. 748.2 Procedures for monitoring Bank Secrecy Act (BSA) […]
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NCUA letter addresses CU use of distributed ledger technologies (DLT)
NEWS: The NCUA issued a Letter to Credit Unions 22-CU-07 to clarify certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT). This letter applies to federally insured […]
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NCUA letter addresses CU use of distributed ledger technologies (DLT)
NEWS: The NCUA issued a Letter to Credit Unions 22-CU-07 to clarify certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT). This letter applies to federally insured […]
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OCC: Risk Management Guidance Automated Clearing House Activities (OCC Bulletin 2006-39, September 1, 2006)
Although written for banks, this guidance may be useful. This bulletin provides guidance on managing the risks of automated clearing house (ACH) activity. Financial institutions may be exposed to a […]
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NCUA: Letter to Credit Unions No. 10-CU-03 – Concentration Risk: Attachment – Supervisory Letter: Concentration Risk (3/10)
Credit union officials and management have a fiduciary responsibility to identify, measure, monitor, and control concentration risk. Concentration risk must be managed in conjunction with credit, interest rate and liquidity […]