Monthly Archives: January 2013

Changes for Co-ops and Bencoms from April 1st

The Financial Services Act 2012 will have a big impact on UK credit unions. Most of their regulation moves to the Prudential Regulation Authority on 1st April 2013 – see my last post. But co-ops and other industrial and provident societies … Continue reading

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“Twin Peaks”, Regulatory Reform, and Credit Unions

On  19th December 2012  The Financial Services Act 2012 received the Royal Assent and became Law. Sections 50 to 57 deal with the transfer from the FSA to the new Financial Conduct Authority (FCA) of the registration function for industrial … Continue reading

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