ALEXANDRIA, Va.–NCUA is seeking comment on more than two-dozen issues related to its rules and procedures, including its revolving loan fund, capital adequacy, “golden parachutes” for executives, liquidations and more, according to a notice in the Federal Register.
Since 1987, NCUA has reviewed one third of its rules and regulations every three years with a “view toward eliminating, simplifying, or otherwise easing the burden of each regulation,” according to the agency.
The rules NCUA is looking to review this year fall under numerous categories, including:
- Agency programs
- Capital
- Consumer Protection
- Corporate Credit Unions
- Directors, Officers and Employees
- Anti-Money Laundering and Bank Secrecy Act
- Rules of Procedure
- Safety and Soundness
For all of the programs on which NCUA is seeking comment, go here.
