Bankowość i finanse · 13.03.1997

Interpretive Rulings and Policy Statements (IRPS)

The NCUA solicits comment on a proposal to revise its existing Interpretive Rulings and Policy Statements (IRPS). This proposal, which is one part of NCUA's Regulatory Review Program, is intended to ease the compliance burden on federally chartered and federally insured credit unions and provide more valuable guidance by updating and simplifying ineffective or outmoded IRPS. Proposed options include the withdrawal of all outdated and nonessential IRPS, the redesignation of IRPS into the NCUA rules, the transference of guidance now provided in the IRPS into NCUA instructional manuals or directives, and the preservation of beneficial IRPS.