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April 30, 2016   

Policy & Advocacy // Advocacy

 

With globalization, more financial sector standards are being set at an international level and adapted to local conditions. When international standards are being set on issues such as capital requirements, anti-money laundering, counter-terrorism financing and taxation, World Council gathers views from its member organizations, engages the global standard setters and influences guidelines before they reach the national level. World Council also provides national advocacy support for members with their regulatory bodies that are implementing new standards.

To ensure that credit unions are represented from the outset of discussions, World Council maintains an engaged stakeholder relationship with the following organizations to influence global standards:

World Council also works with European Network of Credit Unions and our members in Europe to influence European commission policy regarding credit union legislation.

World Council issues regulatory alerts via The Telegraph as well as a compendium of country-specific activities through the biannual Global Regulatory Update, both issued via email to member CEOs and legislative contacts.

As international guidelines flow down to the national level, World Council works with our member organizations and national regulators to help interpret their application to specific credit union system environments. World Council carries out legislative and regulatory consultation and advocacy visits for member organizations.


Member Advocacy Support

World Council member organizations seeking assistance with advocacy efforts in their countries may contact:

Peter Pieh
Research and Communications Specialist
World Council of Credit Unions
601 Pennsylvania Ave., NW
South Bldg., Ste. 600
Washington, DC 20004-2601 USA

Email: ppieh@woccu.org
Phone: +1-202-508-6776
Fax
: +1-202-638-3410

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