Bankowość i finanse · 13/12/2012

NCUA Issues Final Rule on Alternatives to Credit Ratings for Creditworthiness Assessment

The National Credit Union Administration (NCUA) is issuing a final rule to implement Dodd-Frank Act requirements for assessing creditworthiness, removing references to credit ratings and replacing them with alternative standards. This change aims to align NCUA regulations with the Dodd-Frank Act's statutory requirements.