MADISON, Wis.–The World Council of Credit Unions World Council is calling on the Basel Committee on Banking Supervision to make the use of daily averages in leverage ratio disclosures optional for non-complex depository institutions, such as credit unions and other community-based mutual depository institutions, that follow standardized risk-based capital rules.
CU News From Around the Planet
MADISON, Wis. —The World Council of Credit Unions has announced “four world-renowned speakers” for its 2019 World Credit Union Conference, set for July 28-31 in The Bahamas
MADISON, Wis.—To mark International Women’s Day last week, the Global Women’s Leadership Network (GWLN) is calling upon the worldwide credit union movement to build a gender-balanced world by encouraging industry women to apply for the Network’s 2019 scholarship.
LONDON–Three credit unions here have been awarded grants from Lloyds Banking Group through its Credit Union Development Fund.
SEOUL, South Korea—South Korea’s financial regulator plans to establish an open interbank payment network this year that can be accessed not only by banks but also financial technology companies, with the goal of bolstering the country’s fledgling fintech business sector.
JERUSALEM—An Israeli inter-ministerial team is recommending the establishment of a regulatory sandbox for fintech startups, intended to provide early stage companies with regulatory mentoring and time-limited exemptions.
MADISON, Wis.–A WOCCU-backed project along the troubled border of Columbia and Venezuela is exceeding its objectives, according to the organization.
MADISON, Wis.—The World Council of Credit Unions has launched what it said is a more user-friendly homepage at www.woccu.org, featuringthe services it provides to credit unions around the world, as well the latest news and events important to each of those focus areas.
WASHINGTON—There needs to be a level playing field for small contractors, including credit unions, when it comes to how the U.S. Agency for International Development (USAID) prioritizes procurement reforms, according to the World Council of Credit Unions and CUNA.