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View All Comment Letters and Position Papers

Pending Comment Letters

Your comments are extremely important to us to provide the best response by WOCCU to these regulatory proposals.

Listed below are all pending regulatory actions for which WOCCU intends to submit a Comment Letter. The listed date is the date by which Comments are due to the respective agency.  All Comment Letters filed by WOCCU can be viewed on the Comments & Position Papers tab. Comments filed by the European Network of Credit Unions can be found here.

Please be sure to provide us with your comments in advance of the Due Date so that we may include them in our Comment Letter.


Agency Pending Comment Letters Due Date
Basel Committee Recalibration of Shocks for Interest Rate Risk in the Banking Book March 28, 2024
 

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WOCCU, ENCU Call for COVID-19 Regulatory Relief

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ENCU

World Council of Credit Unions (World Council), the European Network of Credit Unions (ENCU), and the European Union Credit Union Parliamentary Interest Group (EUCUPIG) in two separate letters called for regulatory relief to allow credit unions in the European Union to play a critical role in the response to the COVID-19 pandemic. Credit Unions have a history of providing critical services through disasters, emergencies and other disruptions by providing direct assistance to their members. 

With proper regulatory relief, credit unions have the ability to advance financial inclusion during the pandemic.   These community-based cooperatives provide services to households, SMEs and vulnerable groups that face a number of obstacles in accessing credit, particularly during this crisis.

This call for regulatory relief came in a series of letters with the ENCU letter signed by five Members of the European Parliament (MEPs) also members of the EUCUPIG::

  • MEP Billy Kelleher (Co-Chair of EPCUIG - Ireland)
  • MEP Paul Tang (Vice-Chair of EPCUIG – The Netherlands)
  • MEP Frances Fitzgerald (Ireland)
  • MEP Barry Andrews (Ireland)
  • MEP Caroline Nagtegaal (The Netherlands)
A copy of the WOCCU letter can be viewed here and a sample ENCU letter here.


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