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|August 8, 2014|
|TIPs Bulletin #14-15||MasterCard Revised Standards – Limitation of Liability of Cardholders for Unauthorized Use (“Zero Liability”)|
|July 16, 2014|
|TIPs Bulletin #14-14||Canada’s Anti-SPAM Legislation (CASL) and Its Impact to U.S. Credit Unions|
|June 30, 2014|
|TIPs Bulletin #14-13||Voluntary Liquidation|
|TIPs Bulletin #14-12||Annual Indexing of HUD’s Basic Statutory Mortgage Limits for Multi-Family Housing Programs|
Shared Compliance Services
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Internal Audit Services
CURoots can help your credit union identify potential issues, assess risk, and save valuable time and resources by providing expert assistance for your auditing needs.
Changes to IRS Form W-9
TIPs Bulletin 13-42 examines new instructions and changes when using IRS Form W-9 (Request for Taxpayer Identification Number and Certification, and instructions), as well as additional details, new exemption codes, and the W-9 form's modified certification statement.
California Unclaimed Property Holder Notice Reports
TIPs Bulletin 13-41 looks at state Unclaimed Property Holder Notice Reports due to the state controller's office (before Nov. 1, 2013) for accounts and property with no activity for the past three years, and summarizes the reporting process.
California Minimum Wage Increases
TIPs Bulletin 13-40 spotlights the recently passed Assembly Bill 10, which states that the minimum wage for all industries will be no less than $9 per hour as of July 1, 2014, and increasing to $10 per hour by Jan. 1, 2016.
2013 Mortgage Rule Revisions/Clarifications
TIPs Bulletin 13-39 highlights finalized corrections, clarifications, and amendments to the Consumer Financial Protection Bureau's (CFPB) Ability-to-Repay and mortgage servicing rules.
New $100 Bill
The Federal Reserve began supplying financial institutions with a redesigned $100 note today that incorporates new security features to deter counterfeiters and help businesses and consumers tell whether a note is genuine.
"Distance, demand, and the policies of individual financial institutions will influence how quickly the redesigned notes reach businesses and consumers around the world," the Fed said in a statement.
InfoSight Weekly Newsletter
Don't forget to read the InfoSight Weekly Newsletter on a regular basis to catch up on current research and compliance issues. InfoSight is your online compliance guide, giving you resources available 24 hours, 7 days a week as part of your League membership.
CFPB ISSUES FINAL 'TILA' ADJUSTMENTS
updated 08/19/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.
TIPs: MASTERCARD ZERO LIABILITY RULE
updated 08/12/14 10:29 AM
InfoSight Survey, FinCEN Advisory
The California and Nevada Credit Union Leagues have published TIPs Bulletin 14-15 (Technical Information and Procedures Bulletin), which addresses how MasterCard is revising its zero-liability rule in the United States by simplifying the language and applying the rule to all MasterCard-branded POS and ATM transactions (PIN-based).