Archive

Credit Union Training
Audit & Accounts

Changes to Accounting Standards

In September 2024, the FRC released the latest version of Financial Reporting Standard 102 (FRS 102). FRS 102 is the accounting standard that governs most

Read More »
Credit Union Tax
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

Read More »
General

Credit Union Statistics 2024

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

Read More »

Anti-Money Laundering

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

Read More »
GDPR

Sensitive Data

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

Read More »