Mountain West News
CFPB Asks For Input On Streamlining Existing Regs |

The Consumer Financial Protection Bureau on Tuesday announced it would accept public input on how to best streamline over one dozen rules that it will soon inherit from seven federal agencies "to make it easier for banks, credit unions and others to follow the rules."  Read More

OFAC Removes Name From SDN List |

The Treasury Department's Office of Foreign Assets Control (``OFAC'') removed the name of one of individual, whose property and interests in property were blocked pursuant to Executive Order 12947 of January 25, 1995, Blocking Property and Prohibiting Transactions With Persons Who Threaten to Disrupt the Middle East Peace Process, from the list of Specially Designated Nationals and Blocked Persons (``SDN List'').  More

OFAC Unblocks Certain Entities |

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is removing from the list of Specially Designated Nationals and Blocked Persons (``SDN List'') the names of 42 entities that are listed pursuant to Executive Order 13566 of February 25, 2011, ``Blocking Property and Prohibiting Certain Transactions Related to Libya.''  Read More

CUNA Backs Examination Improvement Bill |

CUNA has welcomed H.R. 3461, which would allow financial institutions to appeal examination reports from federal financial regulators and provide further clarity to those regulators, saying the bill is "recognition that Congress is taking the concerns that we and others have raised regarding examinations seriously."  Read More

Community Charter, Remittance, Compensation Changes OK'ed By NCUA |

The National Credit Union Administration on Thursday approved an expanded community credit union charter, and separate final rules that correct its golden parachute and indemnification rule and add remittance transfers to the list of international electronic funds transfers that may be offered by federal credit unions. Read More

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