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NAFCU Compliance Blog: Regulatory Burden: Short-Term

Regulatory Burden: Short-Term
Written by Steve Van Beek

But what is regulatory burden? Is it simply the weight of new regulations, guidance and best practices piled on top of mountains of existing regulations, guidance and best practices? Or are we talking about unnecessary regulatory burden - such as what the CFPB's Streamlining Initiative and NCUA's Annual Review of their Regulations strive to remove? Is it a combination? Is it in the eye of the beholder?
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