Items Tagged with 'regulators'

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2014 NACUSO Annual Conference

NASCUS Chair: Regulators Should Address CUSO Function, Not Safety

Rather than direct CUSO oversight, regulators should focus on CUs’ due diligence.
‘We don’t need to regulate CUSOs, we just need to understand how they work.’
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CUs’ Regulatory Burden Will Be Our Focus

Survey results on CUs’ exam issues will guide us in working with regulators.
We’ll urge Congress to exercise greater oversight on regulatory issues—to ensure accountability for agency actions.
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Regulatory ‘Pendulum’ Will Continue to Swing

Financial crisis has resulted in more stringent regulatory oversight worldwide.
Both regulated and regulator agree the right balance can be difficult to find.
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Regulatory Watch

CUNA Aims to Ease CUs’ Reg Burden

CUs are overwhelmed, and CUNA wants regulators to know it.
Any new requirements that may emerge over the horizon will only add to the load CUs already must shoulder.
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ALM Goes to the Front of the Line

Regulators are coming down on CUs that don't do thorough ALM.
For most credit unions, asset/liability management (ALM) has been a “get in line” topic: Get in line behind security, marketing, loan origination and tracking, member relationships, and a host of other pressing matters.
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Raising the Board Bar

CU boards worldwide will face higher standards.
Following the calamities on Wall Street, regulators worldwide are taking a closer look at governance.
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Credit Union Magazine

Credit Union Magazine

October 2014

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