NAFCU Credit Union Compliance GPS updated
March 26, 2014 - Credit union compliance professionals can get the latest information on laws and regulations affecting the credit union industry with NAFCU's 2014 electronic Credit Union Compliance GPS.
The 2014 GPS has more than 100 pages of new material. Additions to this must-have electronic manual include seven new sections on CFPB's mortgage rules, including qualified mortgage standards, expanded sections on Regulation E and CFPB's remittance transfer rule and improved, user-friendly search functions with more bookmarks and hyperlinks.
"In this increasingly complex regulatory environment, it is essential for compliance professionals to have a strong grasp of the regulations and laws affecting their credit unions' regulatory compliance obligations," said JiJi Bahhur, NAFCU's director of regulatory compliance and a NAFCU Certified Compliance Officer.
Additional highlights of the 2014 edition include:
- updates on major regulatory changes over the past year to assist with research efforts;
- study tips following each section for those studying to take the NAFCU NCCO exams; and
- access to NAFCU's unique scope and applicability charts to help credit union compliance professionals better understand CFPB's mortgage rules.
The manual is available to association members and nonmembers. Visit www.nafcu.org/gps to learn more and to purchase the manual.
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