Now streaming: NCUA’s Hauptman discusses digital assets on the CUPP
The latest episode of NAFCU’s Credit Union Policy Podcast (CUPP), which launched in early July, features a discussion between NCUA Vice Chairman Kyle Hauptman and NAFCU Vice President of Regulatory Affairs Ann Petros exploring digital assets and its evolving regulatory landscape.
During this week’s episode, Hauptman and Petros dive into what credit unions need to know when engaging and incorporating emerging technologies within the products and services they offer to members. NAFCU has engaged with several regulators on the topic of digital assets, sharing feedback on ways it would impact the credit union industry.
NAFCU earlier this week wrote to the Treasury Department in response to its request for comment (RFC) on the responsible development of digital assets, fulfilling its consultative requirement under President Joe Biden's Executive Order on Ensuring Responsible Development of Digital Assets. The association has voiced similar comments to the Federal Reserve and Commerce Department.
The CUPP, hosted by Petros, takes listeners into the heart of Washington, D.C., to highlight where lawmakers and regulators stand on key credit union issues. In the previous episode, Petros sat down with NCUA Chairman Todd Harper to discuss topics related to diversity, equity, and inclusion within the credit union industry.
Learn more and stream the latest episodes here.
Add to Calendar 2022-09-29 14:00:00 2022-09-29 14:00:00 Coming Soon: CECL This is a deep-dive refresher into the requirements of the Current Expected Credit Losses (CECL) standard. ASC 326 (CECL) is the most significant accounting standard to impact credit unions in many years. Your credit union should be prepared to adopt CECL in 2023 – this will be an effort to make sure you have a sound calculation, appropriate accounting policies and sufficient disclosures. In this Coming Soon: CECL webinar, you’ll get a baseline understanding of the accounting decisions required by the standard, with a focus on those that have tripped up earlier adopters; lessons learned from previous adopters; best practices and key items to consider for your model on a go-forward basis. Key Takeaways Understand requirements of the CECL standard Analyze lessons learned and best practices from previous adopters Evaluate key items to consider for future maintenance of the CECL model(s) Register Now$295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until September 29, 2023.Go to the Online Training Center to access the webinar after purchase » Who Should Attend Presidents and CEOs CFOs Accounting titles NCRMs Risk titles Education Credits NCRMs will receive 1.0 CEUs for participating in this webinar CPA credit information is below; recommended 1.0 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Senior Associate Director of Education, NAFCU Learning Objectives: See key takeaways Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.0 credits Recommended Field of Study: Accounting – Technical About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, DC. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU email@example.com America/New_York public
Credits: NCRM, CPE
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