International Tax Compliance: Mandatory Registration for Credit Unions
All credit unions will be required to register with HMRC by the end of 2025 to comply with international tax
All credit unions will be required to register with HMRC by the end of 2025 to comply with international tax
Regulation of CUSOs The PRA announced at ABCUL’s Annual Conference, on 15 March 2025, that they would be looking to
In September 2024, the FRC released the latest version of Financial Reporting Standard 102 (FRS 102). FRS 102 is the
On 2nd December 2024, Helen Ainsworth wrote to credit unions setting out the PRA’s Annual Assessment of the sector. Similar
The Bank of England have issued their Credit Union statistics for the period ended 30 June 2024. There are some
We have been reviewing a number of money laundering policies recently and have listed some of the key areas that
On 6 October 2023, the PRA issued their annual review letter to Credit Unions. There were two versions of the
We just wanted to highlighted a couple of data collection and processing issues some Credit Unions have experienced. Sensitive Data
The PRA have today published changes to the Credit Union regulatory regime. Policy Statement 11/23 makes significant changes to the