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CUNA has reiterated in the comment letter it submitted to NCUA that RBC2 is unnecessary and should be withdrawn. CUNA asserts that NCUA has no legal authority to establish a two-tiered RBC structure, and that there is no evidence that had RBC2 been in place prior to the financial crisis that the losses would have been less. CUNA also offers additional recommendations for revisions to the proposed rule. [4/20/15]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video