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NCUA | RIN: 3133-AD93 | Publication ID: Fall 2013 |
Title: Credit Union Service Organizations | |
Abstract: NCUA issued proposed amendments to the credit union service organizations (CUSO) regulation to enhance data quality and reporting. NCUA also proposed amendments to strengthen safety and soundness standards for federally insured credit unions and to ensure subsidiaries of CUSOs comply with applicable regulations and laws. The proposal also addressed the requirements for federally insured, State-chartered credit unions investing in CUSOs. The proposal is being finalized. | |
Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 712 12 CFR 741 | |
Legal Authority: 12 USC 1756 12 USC 1757(D)(5) 12 USC 1757(7)(I) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.ncua.gov/Legal/Regs/Pages/FIRegulations.aspx | |
RIN Data Printed in the FR: No | |
Agency Contact: Pamela Yu Special Counsel to the General Counsel National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 518-6540 Fax:703 518-6569 Email: pyu@ncua.gov |