NCUA Needs Power to Supervise Third-Party Vendors, Inspector General Says

The Inspector General for the National Credit Union Administration found that the Share Insurance Fund is at risk because the NCUA does not have the power to supervise third-party vendors and Credit Union Service Organizations. The fix, according to the Inspector General, is that Congress pass legislation giving those supervisory powers to the NCUA.

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NCUA Needs Power to Supervise Third-Party Vendors, Inspector General Says

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Related:

NCUA IG Report: Audit of the NCUA’s Examination and Oversight Authority Over Credit Union Service Organizations and Vendors

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