Articles by Colleen Kelly
Recent regulatory changes mean the law impacts more CUs than previously thought.
July 1, 2014
Congress passed the Foreign Account Tax Compliance Act (FATCA) in 2010 in response to a series of U.S. tax evasion scandals.Read More
The compliance burden of doing so appears not only insurmountable, but also overreaching.
April 1, 2014
Until marijuana-related businesses are legal at the federal level, CUs may be taking a great risk by serving them.Read More
Uncertainty surrounding CFPB’s additional clarifications hinders compliance by January 2014.
October 1, 2013
The CFPB revisions to the mortgage servicing rule demonstrate the agency’s attentiveness to lenders’ concerns.Read More
Three Reg Z changes precede an avalanche of CFPB rules to implement next year.
April 1, 2013
The bulk of the new mortgage rules won’t take effect until next yearRead More
Update policies and procedures to comply with this new rule.
December 21, 2012
The rule goes into effect just weeks from now, on Jan. 1, 2013.Read More