# Prompt Corrective Action, Requirements for Insurance, and Promulgation of NCUA Rules and Regulations
> **US National Credit Union Administration** · Final rule. · Published 2013-01-18 · Effective 2013-02-19 · 78 FR 4032
## Document
- **Document number:** 2013-00864
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 78 FR 4032
- **CFR reference:** 12 CFR 702
- **Publication date:** 2013-01-18
- **Effective date:** 2013-02-19
## Abstract

The NCUA Board (Board) is issuing a final rule to amend Interpretive Ruling and Policy Statement (IRPS) 87-2, as amended by IRPS 03-2, and two NCUA regulations that apply asset thresholds to grant relief from risk-based net worth and interest rate risk requirements. The amended IRPS increases the asset threshold that identifies credit unions to which NCUA will give more robust consideration of regulatory relief in future rulemakings. The amended regulations similarly include increased asset thresholds, granting immediate and prospective relief from existing regulatory burden to a larger group of small credit unions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2013/01/18/2013-00864/prompt-corrective-action-requirements-for-insurance-and-promulgation-of-ncua-rules-and-regulations)
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