ALEXANDRIA, Va. (April 13, 2022) – The National Credit Union Administration Board unanimously approved, by notation vote, an interagency notice of proposed rulemaking (Opens new window) that would amend the Uniform Rules of Practice and Procedure (Uniform Rules).
The NCUA, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System identified sections of the Uniform Rules that should be modified to recognize electronic pleadings and communications in administrative hearings and other sections that require modification based on the experience of the agencies in administrative litigation.
The current Uniform Rules were developed when the agencies accepted only paper pleadings. The proposed regulation would recognize the use of electronic communications in all aspects of administrative hearings.
The NCUA Board approved the notice of proposed rulemaking on Nov. 19, 2021. The agency expects this change will increase the efficiency and fairness of administrative adjudications.
Comments on the proposed rule will be accepted for 60 days after publication in the Federal Register.