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Removing Barriers Blog

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  • Regulatory
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Clear results
Keeping member credit unions and leagues current on what and why we are doing for advocacy efforts including legislative, regulatory and state governmental affairs.
CFPB Issues Compliance Guide for Prepaid Rule
Posted February 02, 2017 by ManojBhoi

The 158-page compliance guide is intended to help financial institutions understand how the rule applies to their operations.

Regulatory, Consumer Protection, Payments
States Seek to Strengthen Data Breach Notification Laws
Posted January 27, 2017 by CUNA Advocacy

In response to well-publicized data breaches, state lawmakers in Connecticut, Georgia and Oklahoma are considering legislation that would strengthen existing data breach notification laws.

State Government Affairs, Payments
Fed’s Faster Payment’s Task Force Issues Report
Posted January 26, 2017 by CUNA Advocacy

The report details the current landscape and challenges regarding development of a faster payments system in the U.S.

Regulatory, Payments
White House Issues Government-wide Regulatory Freeze
Posted January 22, 2017 by CUNA Advocacy
On the night of the Inauguration the Trump Administration issued a regulatory freeze in a memo from Chief of Staff Reince Priebus to the heads of Executive departments and agencies.
Regulatory, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments
Cybersecurity Regulations Reissued in New York
Posted January 04, 2017 by CUNA Advocacy

New York’s Department of Financial Services reissued its proposed Cybersecurity Program Requirements which are to be phased in starting March.

Payments
Patent Infringement Close in Michigan
Posted December 16, 2016 by CUNA Advocacy

Patent trolling legislation is on the verge of being enacted in Michigan.

State Government Affairs, Payments
2016 Advocacy Accomplishments Position Credit Unions to Take Advantage of Opportunities in 2017
Posted December 12, 2016 by Ryan Donovan
A look at our advocacy accomplishments for 2016 and the opportunities that exist in 2017.
Legislative, Regulatory, State Government Affairs, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments, Tax and Budget Policy
2016 End of Year Review
Posted December 12, 2016 by CUNA Advocacy

Here are some highlights from the past year. 

Legislative, Regulatory, State Government Affairs, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments, Tax and Budget Policy, World Affairs
CUNA, New York League Respond to Burdensome Cybersecurity Proposal
Posted November 15, 2016 by CUNA Advocacy

Yesterday, CUNA and the New York Credit Union Association filed a joint comment letter in response to a burdensome New York proposed regulation mandating banks and credit unions, insurance companies and financial service providers establish cybersecurity programs to protect nonpublic electronic information.

Payments
CUNA Weighs In on Hensarling Regulatory Relief Proposal
Posted July 17, 2016 by CUNA Advocacy
CUNA's views on the Financial CHOICE Act.
Legislative, Regulatory, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments
Recent Advocacy Accomplishments Provide an Opportunity to Celebrate Progress and a Reminder that Advocacy is a Long Game
Posted June 27, 2016 by CUNA Advocacy
Over the last few months, a number of really positive things have happened as a result of years of advocacy work on the part of CUNA, the Leagues and credit unions.  We all should celebrate these victories!
Legislative, Regulatory, Credit Union Powers, Examination and Supervision, Consumer Protection, Payments
Repealing Durbin Amendment Top Priority of Emerging Payments Coalition (EPC)
Posted June 23, 2016 by CUNA Advocacy
We are a member of this coalition of depository institutions and card issuers, which has been strategizing and lobbying hard to repeal Durbin.
Legislative, Regulatory, Payments
Stand-alone Repeal of Durbin Amendment Bill Introduced
Posted June 15, 2016 by CUNA Advocacy
We sent a letter to Rep. Randy Neugebauer in strong support of his new bill, H.R. 5465, which would repeal the misguided Durbin Amendment and its implementing regulations.
Legislative, Regulatory, Payments
Hensarling Reform Package Includes Repeal of Durbin Amendment
Posted June 08, 2016 by CUNA Advocacy
While the Durbin Amendment has proven to be a boon to retailers, it has become yet another burden on small financial institutions.
Legislative, Regulatory, Payments
Electronic Payments Coalition (EPC) Sends Letter in Support of Data Security Act
Posted May 10, 2016 by CUNA Advocacy
The coalition, which includes CUNA, supports this bill which would help ensure the security of consumers’ data regardless of the nature of the transaction.
Legislative, Payments
Retailers Continue Payments Push in Hawaii, Massachusetts and Minnesota
Posted March 17, 2016 by CUNA Advocacy
We are seeing renewed efforts in several states to implement retailer-friendly legislation, especially chip-and-pin requirements.
State Government Affairs, Payments

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