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NCUA | RIN: 3133-AF36 | Publication ID: Fall 2022 |
Title: Asset Thresholds | |
Abstract:
The NCUA issued an interim final rule to increase the asset thresholds for capital planning and stress testing requirements and Office of National Examinations and Supervision oversight. The interim final rule would provide relief for credit unions whose asset size has grown as a result of the COVID-19 pandemic, which would otherwise subject them to additional supervisory and regulatory requirements applicable to large credit unions. The interim final rule included a request for public comments, which the Board is considering. |
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Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 700.2 12 CFR 702.1 and 702.2 12 CFR 702.502 12 CFR 708a.101 12 CFR 708a.301 12 CFR 708b.2 12 CFR 790.2 (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 12 U.S.C. 1766(a) 12 U.S.C. 1790d |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.ncua.gov/regulation-supervision/rulemakings-proposals-comment | |
RIN Data Printed in the FR: No | |
Agency Contact: Rachel J. Ackmann Senior Staff Attorney National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 548-2601 Fax:703 518-6569 Email: rackmann@ncua.gov |