[Federal Register Volume 74, Number 233 (Monday, December 7, 2009)]
[Rules and Regulations]
[Pages 64567-64569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-28582]
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Part XIX
National Credit Union Administration
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Semiannual Regulatory Agenda
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NATIONAL CREDIT UNION ADMINISTRATION (NCUA)
_______________________________________________________________________
NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Ch VII
Semiannual Regulatory Agenda
AGENCY: National Credit Union Administration (NCUA).
ACTION: Semiannual regulatory agenda.
_______________________________________________________________________
SUMMARY: Pursuant to its ongoing policy of reviewing regulations, NCUA
is publishing a list of current and projected rulemakings, reviews of
existing regulations, and completed actions as of July 31, 2009, to be
included in the Unified Agenda of Federal Regulatory and Deregulatory
Actions.
DATES: This information is current as of July 31, 2009.
ADDRESSES: National Credit Union Administration, 1775 Duke Street,
Alexandria, Virginia 22314-3428.
FOR FURTHER INFORMATION CONTACT: For each regulation listed, the
person(s) named in the listing, at the above address, unless otherwise
noted, or listed telephone number.
SUPPLEMENTARY INFORMATION: . The purpose of this agenda is to enable
credit unions and the public to follow regulatory development and
review at NCUA, and participate in that process more effectively.
Entries for the agenda appear in one of five possible categories:
prerule stage; proposed rule stage; final rule stage; completed/
withdrawn actions; or long-term actions.
The agenda is published pursuant to NCUA Interpretive Ruling
and Policy Statement Number 87-2, ``Developing and Reviewing
Government Regulations,'' 54 FR 35231, (September 18, 1987), which
sets out NCUA's policy and procedures for developing and reviewing
its regulations. NCUA's policy is to ensure that regulations impose
only the minimum required burdens on credit unions, consumers, and
the public; are appropriate for the size of the financial
institution it regulates; are issued only after full public
participation; and are clear and understandable. Further, NCUA
undertakes to review all regulations every three years to clarify
and simplify existing regulations and eliminate redundant and
unnecessary provisions.
Approved by the NCUA Board on September 2, 2009.
Mary Rupp,
Secretary of the Board.
National Credit Union Administration--Proposed Rule Stage
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Regulation
Sequence Title Identifier
Number Number
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571 Confidentiality of Suspicious Activity Reports (Section 610 Review)................... 3133-AD61
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National Credit Union Administration--Final Rule Stage
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Regulation
Sequence Title Identifier
Number Number
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572 Privacy of Consumer Financial Information............................................. 3133-AC84
573 Unfair or Deceptive Acts or Practices; Clarifications................................. 3133-AD62
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_______________________________________________________________________
National Credit Union Administration (NCUA) Proposed Rule Stage
_______________________________________________________________________
571. CONFIDENTIALITY OF SUSPICIOUS ACTIVITY REPORTS (SECTION 610 REVIEW)
Legal Authority: 31 USC 5311 to 5330
Abstract: This rule, which corresponds to regulatory action being
considered by some of the other Federal financial institution
regulators, would clarify the scope of confidentiality rules governing
the filing of suspicious activity reports.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Ross P. Kendall, Trial Attorney, National Credit Union
Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6562
TDD Phone: 703 518-6332
Fax: 703 518-6569
Email: rkendall@ncua.gov
RIN: 3133-AD61
_______________________________________________________________________
National Credit Union Administration (NCUA) Final Rule Stage
_______________________________________________________________________
572. PRIVACY OF CONSUMER FINANCIAL INFORMATION
Legal Authority: 15 USC 6801 et seq
Abstract: NCUA issued an interagency ANPRM and proposed rule and will
issue a final rule on model privacy notices and ways financial
institutions can make them clear and conspicuous.
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Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
ANPRM 12/30/03 68 FR 75164
ANPRM Comment Period End 03/29/04
NPRM 03/29/07 72 FR 14939
Correction 04/09/07 72 FR 16875
NPRM Comment Period End 05/29/07
Final Action 12/00/09
ANPRM 07/01/09 74 FR 31529
ANPRM Comment Period End 08/31/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Regina M. Metz, Staff Attorney, Office of General
Counsel, National Credit Union Administration, 1775 Duke Street,
Alexandria, VA 22314
Phone: 703 518-6540
Fax: 703 518-6569
Email: rmetz@ncua.gov
RIN: 3133-AC84
_______________________________________________________________________
573. <> UNFAIR OR DECEPTIVE ACTS OR PRACTICES;
CLARIFICATIONS
Legal Authority: 15 USC 45; 15 USC 57a
Abstract: NCUA, the Board of Governors of the Federal Reserve System,
and the Office of Thrift Supervision are clarifying amendments to their
recently issued final rule prohibiting certain credit card practices as
unfair or deceptive. See 74 FR 5498 (January 29, 2009). The
clarifications address deferred interest programs and the effect of the
Servicemembers' Civil Relief Act on the final rule, and add additional
examples to the Official Staff Commentary. This proposed rule may be
withdrawn, along with the final UDAP rule issued in January 2009,
following the Federal Reserve's enactment of regulations under the
Credit CARD Act.
Timetable:
________________________________________________________________________
Action Date FR Cite
________________________________________________________________________
NPRM 05/05/09 74 FR 20804
NPRM Comment Period End 06/04/09
Final Action 12/00/09
Regulatory Flexibility Analysis Required: Yes
Agency Contact: Moisette I. Green, Staff Attorney, Office of General
Counsel, National Credit Union Administration, 1775 Duke Street,
Alexandria, VA 22314-3428
Phone: 703 518-6540
Fax: 703 518-6319
Email: mgreen@ncua.gov
RIN: 3133-AD62
[FR Doc. E9-28582 Filed 12-04-09; 8:45 am]
BILLING CODE 7535-01-S
