This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.
This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office] .
It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.
United States Code U.S. Code: Title 12 - BANKS AND BANKING U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE Statutes at Large Public Laws
Title 12 published on 17-Jun-2017 04:33
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 747 after this date.
2017-06-30; vol. 82 # 125 - Friday, June 30, 2017 82 FR 29710 - Civil Monetary Penalty Inflation Adjustment
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. Effective June 30, 2017. 12 CFR Part 747 Summary On January 23, 2017, the NCUA Board (Board) published an interim final rule amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This rule finalizes those amendments.
2017-01-23; vol. 82 # 13 - Monday, January 23, 2017 82 FR 7637 - Civil Monetary Penalty Inflation Adjustment
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Interim final rule. This interim final rule is effective January 23, 2017. Comments must be received on or before February 22, 2017. 12 CFR Part 747 Summary The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
2016-11-07; vol. 81 # 215 - Monday, November 7, 2016 81 FR 78028 - Civil Monetary Penalty Inflation Adjustment
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. Effective date: November 7, 2016. 12 CFR Part 747 Summary On June 21, 2016, the NCUA Board (Board) published an interim final rule amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. This final rule confirms those amendments while making a clarification regarding the prospective effect of the 2015 legislation.
2016-06-21; vol. 81 # 119 - Tuesday, June 21, 2016 81 FR 40152 - Civil Monetary Penalty Inflation Adjustment
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Interim final rule with request for comments. This interim final rule is effective July 21, 2016. Comments must be received on or before July 21, 2016. 12 CFR Part 747 Summary The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
2015-12-17; vol. 80 # 242 - Thursday, December 17, 2015 80 FR 78650 - Administrative Actions, Adjudicative Hearings, Rules of Practice and Procedure, and Investigations
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION 12 CFR Part 747 Summary
2015-10-29; vol. 80 # 209 - Thursday, October 29, 2015 80 FR 66626 - Risk-Based Capital
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. This final rule is effective on January 1, 2019. 12 CFR Parts 700, 701, 702, 703, 713, 723, and 747 Summary The NCUA Board (Board) is amending NCUA's current regulations regarding prompt corrective action (PCA) to require that credit unions taking certain risks hold capital commensurate with those risks. The risk-based capital provisions of this final rule apply only to federally insured, natural-person credit unions with assets over $100 million. The overarching intent is to reduce the likelihood of a relatively small number of high-risk outliers exhausting their capital and causing systemic losses—which, by law, all federally insured credit unions would have to pay through the National Credit Union Share Insurance Fund (NCUSIF). This final rule restructures NCUA's PCA regulations and makes various revisions, including amending the agency's current risk-based net worth requirement by replacing it with a new risk-based capital ratio for federally insured, natural-person credit unions (credit unions). The risk-based capital requirement set forth in this final rule is more consistent with NCUA's risk-based capital measure for corporate credit unions and, as the law requires, more comparable to the regulatory risk-based capital measures used by the Federal Deposit Insurance Corporation (FDIC), Board of Governors of the Federal Reserve System, and Office of the Comptroller of Currency (Other Banking Agencies). The effective date is intended to coincide with the full phase-in of FDIC's risk-based capital measures in 2019. The final rule also eliminates several provisions in NCUA's current PCA regulations, including provisions relating to the regular reserve account, risk-mitigation credits, and alternative risk weights.
2015-09-23; vol. 80 # 184 - Wednesday, September 23, 2015 80 FR 57284 - Civil Monetary Penalty Inflation Adjustment
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. This rule is effective September 23, 2015. 12 CFR Parts 740, 741, 747, and 796 Summary The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996.
2015-01-27; vol. 80 # 17 - Tuesday, January 27, 2015 80 FR 4340 - Risk-Based Capital
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Proposed rule. Comments must be received by April 27, 2015. 12 CFR Parts 700, 701, 702, 703, 713, 723, and 747 Summary The NCUA Board (Board) is seeking comment on a second proposed rule that would amend NCUA's current regulations regarding prompt corrective action (PCA) to require that credit unions taking certain risks hold capital commensurate with those risks. The proposal would restructure NCUA's PCA regulations and make various revisions, including amending the agency's current risk-based net worth requirement by replacing the current risk-based net worth ratio with a new risk-based capital ratio for federally insured natural person credit unions (credit unions). The proposal would also, in response to public comments received, make a number of changes to the original proposed rule that the Board published in the Federal Register on February 27, 2014. These changes include, among other things, exempting credit unions with up to $100 million in total assets from the new rule, lowering the risk-based capital ratio level required for an affected credit union to be classified as well capitalized from 10.5 percent to 10 percent, lowering the risk weights for various classes of assets, removing interest rate risk components from the risk weights, and extending the implementation timeframe to January 1, 2019. These changes would substantially reduce the number of credit unions subject to the rule, reduce the impact on affected credit unions, and afford affected credit unions sufficient time to prepare for the rule's implementation. The proposed risk-based capital requirement set forth in this proposal would be more consistent with NCUA's risk-based capital measure for corporate credit unions and more comparable to the regulatory risk-based capital measures used by the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve, and Office of the Comptroller of Currency (Other Banking Agencies). In addition, the proposed revisions would amend the risk weights for many of NCUA's current asset classifications; require higher minimum levels of capital for credit unions with concentrations of assets in real estate loans or commercial loans or higher levels of non-current loans; and set forth how NCUA can address a credit union that does not hold capital that is commensurate with its risk. The proposed revisions would also eliminate several provisions in NCUA's current PCA regulations, including provisions relating to the regular reserve account, risk-mitigation credits, and alternative risk weights. (For clarity, the “current” PCA regulations would remain in force until the effective date of a final risk-based capital rule.)
2014-02-27; vol. 79 # 39 - Thursday, February 27, 2014 79 FR 11184 - Prompt Corrective Action—Risk-Based Capital
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Proposed rule. Comments must be received on or before May 28, 2014. 12 CFR Parts 700, 701, 702, 703, 713, 723, and 747 Summary The NCUA Board (Board) is proposing to amend NCUA's regulations regarding prompt corrective action (PCA) to restructure the part, and make various revisions, including replacing the agency's current risk-based net worth requirements with new risk-based capital requirements for federally insured “natural person” credit unions. The proposed risk-based capital requirements would be more consistent with NCUA's risk-based capital measure for corporate credit unions and the regulatory risk-based capital measures used by the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve, and Office of the Comptroller of Currency (Other Federal Banking Regulatory Agencies). In addition, the proposed revisions would revise the risk-weights for many of NCUA's current asset classifications; require higher minimum levels of capital for federally insured natural person credit unions with concentrations of assets in real estate loans, member business loans (MBLs) or higher levels of delinquent loans; and set forth the process for NCUA to require an individual federally insured natural person credit union to hold higher levels of risk-based capital to address unique supervisory concerns raised by NCUA. The proposed revisions would also eliminate several of NCUA's provisions, including provisions relating to regular reserve accounts, risk-mitigation credits, and alternative risk-weights.
2013-01-18; vol. 78 # 13 - Friday, January 18, 2013 78 FR 4026 - Definition of Troubled Condition
GPO FDSys XML | Text Additional Documents NATIONAL CREDIT UNION ADMINISTRATION Final rule. This rule is effective February 19, 2013. 12 CFR Parts 700, 701, 741, 747, and 750 Summary The NCUA Board (Board) is issuing a final rule amending the definition of “troubled condition” as that term is used to trigger the statutory requirement to give the Board notice and an opportunity to disapprove a change of credit union officials, and as that term appears elsewhere in NCUA's regulations. Generally, the current definition allows only a state supervisory authority (SSA) to declare a federally insured, state-chartered credit union (FISCU) to be in “troubled condition.” The final rule amends the definition to allow either NCUA or an SSA to declare a FISCU in “troubled condition.” NCUA is adopting the amended definition of “troubled condition” as proposed.
