Regulation
PRA Approach to CUSOs and Regulation
Regulation of CUSOs The PRA announced at ABCUL’s Annual Conference, on 15 March 2025, that they would be looking to clarify the regulatory treatment on
17 March, 2025
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Regulation of CUSOs The PRA announced at ABCUL’s Annual Conference, on 15 March 2025, that they would be looking to clarify the regulatory treatment on
All credit unions will be required to register with HMRC by the end of 2025 to comply with international tax regulations if new legislation is
On 2nd December 2024, Helen Ainsworth wrote to credit unions setting out the PRA’s Annual Assessment of the sector. Similar to previous years there were
On 6 October 2023, the PRA issued their annual review letter to Credit Unions. There were two versions of the letter. One for Credit Unions
We just wanted to highlighted a couple of data collection and processing issues some Credit Unions have experienced. Sensitive Data Credit Unions may collect sensitive
The PRA have today published changes to the Credit Union regulatory regime. Policy Statement 11/23 makes significant changes to the PRA Credit Union Rulebook and
The Financial Services and Markets Bill is currently at the Report Stage at the House of Lords. Its journey can be followed by clicking here.
The FCA wrote to all Credit Unions, on 1 March 2023, regarding the implementation of Consumer Duty. The letter sets out the regulator’s expectations but
The PRA issued their annual letter to Credit Unions on 14 October 2022. Similar to previous years, there are two versions of the letters one
The long awaited new Credit Union legislation (Financial Services & Markets Bill) has begun its journey through parliament. The bill which will impact a wide