National Credit Union Administration Semiannual Regulatory Agenda, 22067-22068 [E9-10278]

Agencies

• National Credit Union Administration

[Federal Register Volume 74, Number 89 (Monday, May 11, 2009)]
[Proposed Rules]
[Pages 22067-22068]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-10278]


[[Page 22067]]

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Part XIX





National Credit Union Administration





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Semiannual Regulatory Agenda

[[Page 22068]]



NATIONAL CREDIT UNION ADMINISTRATION (NCUA)






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NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Ch VII

Semiannual Regulatory Agenda

AGENCY: National Credit Union Administration (NCUA).

ACTION: Semiannual regulatory agenda.

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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 February 27, 2009, to 
be included in the Unified Agenda of Federal Regulatory and 
Deregulatory Actions.

DATES: This information is current as of February 27, 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withdrawn actions; or long-term actions.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), as 
amended by IRPS 03-2, 68 FR 31949 (May 29, 2003), 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 3 years to clarify and 
simplify existing regulations and eliminate redundant and 
unnecessary provisions.

Approved by the NCUA Board on February 27, 2009.

 Sheila Albin.

Acting 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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412         Community Development Revolving Loan Fund (Section 610 Review)........................    3133-AD49
413         Confidentiality of Suspicious Activity Reports (Section 610 Review)...................    3133-AD61
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National Credit Union Administration (NCUA)         Proposed Rule Stage






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412. COMMUNITY DEVELOPMENT REVOLVING LOAN FUND (SECTION 610 REVIEW)

Legal Authority: 12 USC 1756; 12 USC 1757(5)(d); 12 USC 1757(7)(i); 12 
USC 1766; 12 USC 1782; 12 USC 1784 to 1786

Abstract: This proposed rule would update, clarify and improve existing 
part 705. The changes do not reflect a change to the fundamental 
mission of the CDRLF but remove unnecessary detail from the current 
rule.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

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NPRM                            12/18/08                    73 FR 77075
NPRM Comment Period End         11/30/09

Regulatory Flexibility Analysis Required: No

Agency Contact: Moisette I. Green, Staff Attorney, Office of General 
Counsel, National Credit Union Administration, 1775 Duke Street, 
Alexandria, VA 22314
Phone: 703 518-6540
Fax: 703 518-6319
Email: mgreen@ncua.gov

RIN: 3133-AD49
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413.  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                            06/00/09

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
[FR Doc. E9-10278 Filed 05-08-09; 8:45 am]
BILLING CODE 7535-01-S