ALEXANDRIA, Va.—NCUA is now accepting public comments on the list of regulations the agency will review in 2015. Comments are due by Aug. 3.
As part of NCUA’s efforts to streamline, modernize or, where appropriate, eliminate regulations, the agency reviews all of its existing regulations every three years.
Since 1987, in the interest of transparency, NCUA has reviewed one-third of its regulations each year,” said NCUA Board Chairman Debbie Matz, encouraging CUs to send in comments. “This process is about communication and accountability. Our annual regulatory review is a critical piece of NCUA’s commitment to keeping pace with changes in the credit union system. Our goal is a modern, effective regulatory framework that encourages growth, innovation and service to members without jeopardizing safety and soundness.”
The list of regulations the agency will review this year can be found in CUToday.info's Open Vault section. Or, click here.