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December 05, 2013

Dec. 10 webcast will give an NCUA update

Dec. 6, 2013 – NAFCU's Dec. 10 webcast, featuring NAFCU's regulatory affairs department, will give credit unions an update on recent NCUA actions and what they may expect from the agency in the coming year – in particular focusing on the new credit union service organization rule.

""The webcast will be a great opportunity for credit unions to get an update from the Regulatory Affairs team on recent and expected actions from NCUA, including NAFCU's first look at the recent CUSO final rule, among others," said NAFCU Director of Regulatory Affairs Mike Coleman, who will moderate the webcast.

In addition to the new CUSO rule, the webcast will focus on: emergency liquidity; the examination process, particularly for mortgage rules; capital reform; and a brief snapshot of the combined disclosure rules under the Truth in Lending Act and Real Estate Settlement Procedures Act. The webcast will also cover updates about loan participation, stress testing, derivatives, and the Temporary Corporate Credit Union Stabilization Fund and National Credit Union Share Insurance Fund.

Speakers will include Coleman, NAFCU Senior Regulatory Affairs Counsel Tessema Tefferi and Regulatory Affairs Counsels PJ Hoffman and Angela Meyster. Credit union staff focusing on compliance and legal issues are particularly encouraged to attend, as well as credit union executives and NAFCU Certified Compliance Officers (NCCOs), who can receive 24 continuing education units by attending. The webcast will begin at 2 p.m. Eastern and will remain available on demand for one year.