Compliance

BOLOGNA, Italy-The single biggest compliance burden isn't one specific regulation but rather a general lack of clarity across the entire regulatory landscape, according to one expert.

LAKE SUCCESS, N.Y.-It may be 2013 before real clarity comes to the compliance space, according to one observer, particularly for auto loans.

SAN ANTONIO-The state of financial services regulations has reached a point where it feels "unsustainable" to William Klewin.

MADISON, Wis.-The most pressing issue on the regulatory front for CUs: credit card-related rules.

DES MOINES, Iowa-The heated pace of regulatory change demands that credit unions rethink how they approach managing and planning for compliance within the credit union, numerous analysts are recommending.

FAIRBORN, Ohio-Every week it seems there is another mortgage compliance matter that needs attention.

DALLAS-Ever tried drinking from a fire hose? That's what it's like for credit unions trying to ensure compliance with the rapid-fire regulation that has been coming out as Congress and regulators try to prevent another financial crisis.

ST. PETERSBURG, Fla.-The worst thing CUs can do is think they are through the worst when it comes to the CARD Act and the new interchange rules.

MADISON, Wis.-As if CUs did not have enough burdensome regulations to worry about, coming soon to mortgage departments will be a troublesome, three-letter acronym: QRM.

SPOKANE, Wash.-If credit unions think the compliance burden is bad now, said Dave Chiappe, just wait-it's only going to get worse.