NCUA Announces Third Round of Deregulation Proposals
By CU Today Staff —
ALEXANDRIA Va.--NCUA Tuesday announced the third round of proposed regulatory changes associated with NCUA’s Deregulation Project.
The project is an ongoing review of NCUA’s regulations to ensure regulations are focused on credit unions’ safety, soundness, and resilience. The agency said it is focused on removing or revising regulations that are: obsolete; overly burdensome; duplicative of other requirements; or guidance.
NCUA is requesting comments on four proposals that would clarify agency guidance or eliminate unduly burdensome or obsolete requirements in the Code of Federal Regulations.
Changes for Nondiscrimination Requirements – 12 CFR 701.31
Changes for Interpretive Ruling and Policy Statement (IRPS) 10-1 Community Chartering Policies
Changes for Interpretive Ruling and Policy Statement (IRPS) 11-2 Federal Corporate Credit Union Chartering
To submit comments, type or paste the docket numbers into the search on the Federal Rulemaking Portal.
Originally reported by CU Today.