NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Ch. VII

Semiannual Regulatory Agenda

AGENCY: National Credit Union Administration (NCUA).

ACTION: Fall 2015 Semiannual Regulatory Agenda.

SUMMARY: NCUA is publishing a list of current and projected rulemakings and completed actions as of September 15, 2015, to be included in the Unified Agenda of Federal Regulatory and Deregulatory Actions.

DATES: This information is current as of September 15, 2015.

ADDRESSES: National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428.

FOR FURTHER INFORMATION CONTACT: For each item listed, you may contact the person named in the item at the address or telephone number noted.

SUPPLEMENTARY INFORMATION: The purpose of this agenda is to enhance the ability of credit unions and the public to follow regulatory developments at NCUA and to participate in that process more fully. Entries in the agenda appear in one of three categories: (1) Proposed rule stage; (2) final rule stage; and (3) completed/withdrawn actions. Generally, the timetable reflecting when NCUA anticipates taking future action on an item is an estimate only and is subject to change. Also, where NCUA notes that an item is transitioning from the proposed rule stage to the final rule stage, NCUA is only reporting the item's progress through the regulatory process. The item report does not dictate what a final rule will provide or how it might compare to the proposed version of the rule.

The agenda is published, in part, pursuant to NCUA Interpretive Ruling and Policy Statement (IRPS) 87-2, "Developing and Reviewing Government Regulations," 54 FR 35231 (Sept. 18, 1987), as amended by IRPS 03-2, 68 FR 31949 (May 29, 2003), as amended by IRPS 13-1, 78 FR 4032 (Jan. 18, 2013), which sets out NCUA's policy and procedure for developing and reviewing its regulations. NCUA's policy is to ensure that regulations: (1) Impose only the minimum required burden on those they affect; (2) are clear and understandable; (3) are appropriate for the size of credit unions to which they pertain; and (4) are issued only after full public participation. Further, NCUA reviews one-third of its regulations every year on a rolling basis so that the entirety of its regulations are reviewed in each three-year period. This is done to clarify and simplify existing regulations and eliminate redundant and unnecessary provisions.

Approved by the NCUA Board on: September 15, 2015.

NAME: Gerard Poliquin,

Secretary of the Board.