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NCUA RIN: 3133-AF05 Publication ID: Spring 2020 
Title: ●Interagency Guidance on Credit Union Risk Review Systems 
Abstract:

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the National Credit Union Administration (Agencies) solicited public comment on proposed Interagency Guidance on Credit Union Risk Review Systems.  Upon final publication of this guidance, it will replace attachment 1 titled Loan Review Systems to the Agencies' 2006 Interagency Policy Statement on the Allowance for Loan and Lease Losses.  The agencies also sought comments on updates to the 2006 statement on the allowance for loan and lease losses.  The Agencies are reviewing the comments and will move toward final guidance issuances.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: None     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 1766(a)    12 U.S.C. 1784(a)    12 U.S.C. 1786(e)    12 U.S.C. 1790d   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/17/2019  84 FR 55510   
NPRM  10/17/2019  84 FR 55679   
NPRM Comment Period End  12/16/2019 
NPRM Comment Period End  12/16/2019 
Final Action  06/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rules-regulations/proposed-pending-and-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Ariel Pereira
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2778
Fax:703 518-6569
Email: apereira@ncua.gov