THE globe

CU News From Around the Planet

MADISON, Wis. – The Basel Committee on Banking Supervisionhas exempted credit unions and other community-based depository institutions from many aspects of its disclosure rules and has made other disclosure requirements optional at the national-level, according to the World Council of Credit Unions.

WARSAW, Poland–At least a half-dozen individuals who once worked for this country’s financial regulator have been detained as part of an investigation into potential wrongdoing.

BRUSSELS —The European Parliament Credit Union Interest Group met here with the European Network of Credit Unions to discuss limiting regulatory burdens on credit unions as a means of promoting access to financial services for ordinary Europeans.