MADISON, Wis.— Worldwide Foundation for Credit Unions (WFCU) and their two major networks, Global Women’s Leadership Network (GWLN) and World Young Credit Union Professionals Network (WYCUP), will host two key annual events featuring global perspectives and insights during America’s Credit Unions’ 2024 Governmental Affairs Conference (GAC) in Washington DC.
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BASEL, Switzerland —The World Council of Credit Unions (WOCCU), together with representatives from Australia, Canada, Poland, and the United States, made a sweep through three countries to visit with key International Standard Setting Bodies. The group also visited key influential European regulatory bodies to urge support for the credit union cooperative model, noting the important role that it plays in accomplishing financial inclusion around the world. WOCCU has been active with the G20 urging further direction to the international standard setting bodies to work more closely with national-level regulators on proportionality, which allows for proper tailoring of rules to maximize the benefit of the cooperative model in serving rural, underserved, and marginalized communities. International standards are often intended to apply to large, internationally active banks. Failure to allow for smaller, less complex financial institutions can lead to a lack of diversity in the marketp
WASHINGTON, D.C.—World Council of Credit Unions (WOCCU) International Advocacy and its partners Tuesday outlined how advocacy efforts by U.S. credit unions have resulted in meaningful changes for credit unions and their members in wartime Ukraine, and why that continued advocacy support is needed, during a breakout session at the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC).