ZAGREB, Croatia—The European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) joined the Croatian Credit Union Association this week to convince key policymakers in Croatia’s capital to address the regulatory challenges preventing credit unions from maximizing their ability to reach underserved communities.
BRUSSELS—Representatives from the European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) are seeking support this week from the European Parliament, the European Commission and the Council of the European Union (EU) on limiting regulatory burdens on credit unions to help promote access to financial services for everyday Europeans.
MADISON, Wis.—The European Council presidency and European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA) that allows for proportional treatment of credit unions under new regulatory requirements on the security of financial institution network and information systems, as well as critical third parties that provide ICT- (information communication technologies) related services to them, such as cloud platforms and data analytics services.
MADISON, Wis.—The European Council presidency and European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA) that allows for proportional treatment of credit unions under new regulatory requirements on the security of financial institution network and information systems, as well as critical third parties that provide ICT- (information communication technologies) related services to them, such as cloud platforms and data analytics services.
WASHINGTON, D.C.—Facing a slew of reforms that could impact the ability to serve their communities, members of the European Network of Credit Unions (ENCU) spent the past two weeks urging various European Union (EU) policymakers to apply proportional treatment to credit unions on several items coming up in the European Parliament’s legislative term.