Bankowość i finanse · 09/12/2009

NCUA Proposes Amendments to Corporate Credit Union Rule

The National Credit Union Administration (NCUA) is proposing amendments to its rule governing corporate credit unions, aiming to strengthen the system by introducing a new capital scheme, imposing stricter corrective action requirements, and enhancing governance and asset-liability management controls. The proposed changes will apply to corporate credit unions and other federal credit unions, with the goal of improving their overall stability and resilience.