Woccu Gives Global Update on the Key Regulatory Issues for Credit Unions in 2023

Source: COOP News

It its latest annual Global Regulatory update, the World Council of Credit Unions (Woccu) says the key issues for the sector this year will include proportionality in regulation, sustainability and financial inclusion.

And the apex has repeated its call on regulators around the world to recognize the ability of credit unions to weather financial shocks and adopt a proportional approach to regulation for the sector.