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Regulatory Flexibility Measures

The Registrar of Credit Unions issued a communication to all credit unions regarding some flexibility measures during the current crisis. For more information, click...

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PRA Communication to Credit Unions

The Prudential Regulation Authority issued a letter to credit unions regarding the proposed treatment of provisioning requirements and the availability of a rule modification until January 2021. For more information, click...

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FCA Consultation on Coronavirus & Personal Loans

The Financial Conduct Authority published a short consultation on the treatment of personal loans during the current coronavirus pandemic. The draft guidance in the consultation is not intended to have any relevance in circumstances other than those related to...

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FCA Guidance for Firms

The Financial Conduct Authority has updated its guidance for firms in the context of the current COVID19 situation. The guidance focuses on arrangements to address the evolving situation while managing the risks to their employees, customers and the impact on the...

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Statement from Minster for Finance

The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD welcomed the ongoing work of the credit union sector to support members in difficulties due to COVID-19. For more information, click...

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Review of Credit Union Capital Regime

The Prudential Regulation Authority published policy statement PS6/20 on the review of the capital regime for credit unions. The policy statement includes consultation feedback as well as updates to the Rulebook. For more information, click...

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