Regulation
PRA Letter to Credit Unions 2024
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
18 December, 2024
No Comments
Menu
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
The Bank of England have issued their Credit Union statistics for the period ended 30 June 2024. There are some interesting trends and results from
We have been reviewing a number of money laundering policies recently and have listed some of the key areas that are often missed. We would
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.
A process for assuring achievement of a Credit Union’s objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws regulations and policies.”
We had a huge level of interest in our recent Internal Audit webinar that we presented on behalf of the London and South East Forum.
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