August 19, 2014
Final Amendments to 209 CMR 43.00: Audit Requirements for Credit Unions
Effective July 18, 2014, the Division of Banks issued “Final Amendments to 209 CMR 43.00: Audit Requirements for Credit Unions”. The purpose of the amendment is to clarify the responsibilities of credit union audit committees, as well as to establish audit frequency and share verifications requirements. The amended regulation are as follows:
http://www.mass.gov/ocabr/banking-and-finance/laws-and-regulations/dob-regulations/209-cmr-4300.html
