WOCCU Advocacy Releases Credit Union COVID-19 Regulatory Guide
2020-05-15WOCCU released it’s COVID-19 Guide for Credit Unions focused on bringing together responses by the international standard setting bodies, prudential authorities and other operational recommendations focused solely on the credit union industry.
Pertinent topics include capital standards, accounting issues, IT concerns, designation as "essential" and other regulatory challenges faced by credit unions navigating the pandemic.
The Credit Union COVID-19 Guide to Regulator and Operational Responses can be viewed here.
A Spanish-language version of the guide can be found here.