International Advocacy Updates
Get the very latest on World Council's International Advocacy efforts.
World Council of Credit Unions Releases Guide to International Sustainable Finance RegulationsWorld Council of Credit Unions in March 2023 issued “What Credit Unions Should Know About Sustainable Finance”, a guide to help credit unions understand many of the international standards and emerging regulatory frameworks surrounding climate-related and sustainable finance issues.
WOCCU 2023 Global Regulatory Update Focuses on Credit Unions as the Catalyst for Rebuilding
The ability of credit unions to weather financial shocks draws consumers to them during times of crises—something regulators must recognize and allow for to help the world recover from the current climate of economic uncertainty. That's the theme of our 2023 Global Regulatory Update.
ENCU Leaders Urge Policymakers to Support Limits on Regulatory Burdens to Speed Economic RecoveryThe European Network of Credit Unions (ENCU) and WOCCU in November 2022 sought support from the European Parliament, European Commission and the Council of the European Union (EU) on limiting regulatory burdens on credit unions.
World Council Applauds International Accounting Standards Board Proposal to Update IFRS for SMEs
The International Accounting Standards Board (IASB) of the IFRS Foundation in September issued proposals to update the IFRS for SMEs Accounting Standard—a step long-advocated for by World Council of Credit Unions (WOCCU) as a way to reduce regulatory burdens for credit unions when implementing IFRS 9.