Comments Due to NAFCU: NCUA - Regulatory Reform Agenda

Calendar Thumbnail - Comments Due to NAFCU

November 3, 2017

The National Credit Union Administration (NCUA) Board is publishing a regulatory reform agenda that sets out an approach for eliminating, revising, improving, and clarifying regulations over a four year period. NAFCU would like to highlight the following:

  • NCUA has created a regulatory reform agenda that sets out an approach for eliminating, revising, improving, and clarifying regulations over a four year period.
  • The agenda contains 41 reform items, not including individual investment authorities, which are categorized into tiers based on the level of effort to implement and the degree of their impact. The priorities are:
    • Tier 1, to be addressed within two years
    • Tier 2, to be addressed within three years
    • Tier 3, to be addressed in four or more years
  • NCUA will publish a subsequent report in the second quarter of 2018 that incorporates stakeholder feedback, and refines the blueprint of the timeline for completing specific Tier 2 and 3 amendments; NCUA has already begun implementing many of the Tier 1 amendments.

Regulatory Alert: 17-EA-24: NCUA - Regulatory Reform Agenda (member-only; login required)

Take the NAFCU Member Survey for Comments (Comments due to NAFCU by November 3, 2017)

NAFCU will send comments on behalf of its members to the NCUA by their deadline (November 20, 2017).