Madison, WI-On June 1 World Council of Credit Unions, Inc. (WOCCU), on behalf of the Irish League of Credit Unions (ILCU) and the National Association of Cooperative Savings and Credit Unions (NACSCU) entered into an agreement with the public affairs firm, Policy Action, Ltd.
Under the terms of the agreement, beginning August 1st Policy Action will provide representation services for ILCU, NACSCU and WOCCU in Brussels before the European Union.
Over the past 18 months, ILCU, NACSCU, the Association of British Credit Unions League (ABCUL) and WOCCU together have concluded that activities at the European Union level are having direct impacts on credit unions at their national levels. As a result, it is imperative that credit unions movements in the European Union have a voice in deliberations in Brussels. ABCUL and other credit union movements in the European Union may join this initiative at a later stage.
"It is of great importance to raise the profile of credit unions with European Union legislators and authorities" indicated Arthur Arnold, WOCCU's President and CEO. He continued, "WOCCU is very pleased to serve its European members by facilitating their representation in Brussels through Policy Action. I congratulate the Irish and Polish credit union leaders for taking the lead and I am convinced others will follow."
Liam O'Dwyer, Chief Executive Officer, ILCU "During the past year the Irish League of Credit Unions has worked closely with Parliamentarians and Committee members within the European Union on behalf of credit unions in Ireland, with a view to amending the overly restrictive proposals in the new proposed Consumer Credit Directive being finalized in the EU. The success of this work has underlined the importance of liaison with the EU on key regulatory issues. ILCU is delighted to have the support of WOCCU and NACSCU to initiate this Policy Action project. Their support will enhance credit unions representation in the EU and ensure that the Irish League of Credit Unions is cognascent of all pertinent initiatives at EU level effecting credit unions."
Grzegorz Bierecki, president NASCUC noted, "I am very pleased that this initiative is being jointly undertaken by WOCCU and its European allies to best address the representation needs of key credit union movements in Brussels. I believe, while united Europe expands and other movements grow they will also recognize the value of pan-European cooperation through this joint project, which benefits credit unions and their members in respective countries."
Wes Himes, Advocacy Representative, Policy Action Ltd., " We look forward to working with WOCCU, ABCUL, ILCU and NACSCU and supporting the critical role credit unions play in Europe. The work of the EU in the area of financial services is far reaching and, now more than ever, credit unions need to be involved in the broader issues facing their development. We hope to facilitate that mission and appreciate the opportunity to work with this dynamic sector." Activities in Brussels will be coordinated by Liam O'Dwyer, ILCU; Dariusz Kijanka, NACSCU and Dave Grace, WOCCU Senior Manager Association Services.
El Consejo Mundial de Cooperativas de Ahorro y Crédito es la asociación gremial y agencia de desarrollo para el sistema internacional de cooperativas de ahorro y crédito. El Consejo Mundial promueve el crecimiento sustentable de las cooperativas de ahorro y crédito y otras cooperativas financieras en todo el mundo a fin de facultar a las personas para que mejoren su calidad de vida a través del acceso a servicios financieros asequibles y de alta calidad. El Consejo Mundial realiza esfuerzos de defensa activa en representación del sistema global de las cooperativas de ahorro y crédito ante organizaciones internacionales y trabaja con gobiernos nacionales para mejorar la legislación y la regulación. Sus programas de asistencia técnica introducen nuevas herramientas y tecnologías para fortalecer el desempeño financiero de las cooperativas de ahorro y crédito y profundizar su alcance comunitario.
El Consejo Mundial ha implementado 290 programas de asistencia técnica en 71 países. A nivel mundial, 57,000 cooperativas de ahorro y crédito en 103 países atienden a 208 millones de personas. Obtenga más información sobre el impacto global del Consejo Mundial en www.woccu.org.