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Research & Compliance     

LATEST RESEARCH ITEMS OF INTEREST...

Compliance

The answers you need—when you need them!
When technical challenges or complex situations arise at your credit union, turn to the Leagues’ PolicyWorks. Our mission is to provide technical, compliance, operational, economic, and regulatory information in an understandable and easily accessible way.
     
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A resource for credit unions in CA & NV, providing credit union financial and economic trend analysis, brought to you by your Leagues in partnership with CUNA & Affiliates.

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Answers to your crucial questions can be less than one business day away. Post your question here, and a talented compliance professional will get back to you quickly! Or if you prefer, call the PolicyWorks compliance hotline to speak directly with our knowledgeable consultants.
Compliance Hotline: (844) 731-6072
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From the Editors of CU Weekly

RESIDENTIAL MORTGAGE REPORT DUE
updated 03/17/14 04:40 PM
Also, SEC Initiative and Fed Webinar
The California Department of Business Oversight (DBO) recently issued a notice to California licensed credit unions regarding loan reports, while the Securities and Exchange Commission (SEC) announced a new adviser initiative. Additionally, the Federal Reserve is holding a webinar to help credit unions improve their compliance programs.

Residential Mortgage Loan Report
In accordance with Section 7119 of Title 21 of the California Code of Regulations, the Residential Mortgage Loan Report is due March 31 for all residential mortgage lenders that are not reporting to a federal or state regulatory agency as provided by the Home Mortgage Disclosure Act of 1975.

Click here for the notice from the DBO, the Holden Act Report, and other information.

Securities and Exchange Commission Initiative
For credit unions that have SEC-registered investment advisers, the agency has announced that its Office of Compliance Inspections and Examinations (OCIE) is launching an initiative directed at investment advisers that have never been examined—focusing on those that have been registered with the SEC for three or more years.

These examinations will concentrate on the advisers' compliance programs, filings and disclosure, marketing, portfolio management, and safekeeping of client assets.

Click here for more information.

Federal Reserve Outlook Live Webinar
The Federal Reserve Board of Governors is hosting free webinar titled Consumer Compliance Management Program—Common Concerns and Best Practices on April 10 from 11 a.m.–12 p.m. (Pacific).

During the webinar, the Fed will:

  • Discuss how a financial institution can implement and maintain an effective consumer compliance management program
  • Address common concerns
  • Share best practices
  • Highlight various components of a successful compliance program

For more information and to register, click here.

 
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POLICYWORKS MLA UPDATE
updated 08/23/16 07:36 AM
Plus, DoD's Database Info
PolicyWorks, compliance services powered by your League membership, is hosting a Military Lending Act (MLA) Town Hall webinar on Thursday, Aug. 25 to discuss upcoming changes to the rule.

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INFOSIGHT SURVEY REQUEST
updated 08/16/16 08:09 AM
Plus, Latest PolicyWorks Newsletter
League InfoSight has issued an annual survey regarding its products (InfoSight, CU PolicyPro and ComplySight), requesting credit unions complete the survey prior to Aug. 26. These survey results will help League InfoSight ensure these compliance products are meeting the needs of credit unions. Click here to access the survey.

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D.J.'s Economix
Leagues Chief Economist Dwight Johnston continually provides economic and market analysis that is both informative and entertaining. Continue for daily and monthly commentary, rate forecasts, and economic updates.
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