Are you keeping up with recent changes to regulatory laws and regulations?
Published by: Kim Connor
January 25, 2023 | Regulatory
As we start a new year, it is essential that credit unions have a review process for policies and procedures. As the financial industry evolves, so should the resources and guidelines that the credit union follows. As part of your annual League membership, making these updates is more accessible than ever.
Annual threshold changes take effect in Regulation Z, Regulation D, Regulation C, and IRS Rules at the beginning of 2023. Both InfoSight and CU PolicyPro have been updated with these changes. In addition, many threshold updates are tied to the consumer price indices for the CFPB-driven regulations.
Contact Sean Brown for questions or assistance.