Network members provide credit union perspective on EU-wide proposals on data protection, account legislation and a deposit guarantee fund

 


Pictured left to right, Paweł Grzesik, NACSCU; Brian Branch, World Council; Brian McCrory, ILCU; Michael Taggart, Permanent Representation of Ireland to the EU; and Matt Bland, ABCUL, meet at the Permanent Representation of Ireland to the EU in Brussels to discuss draft directives for EU-wide legislation.

BRUSSELS — Representatives from the European Network of Credit Unions (ENCU) and World Council of Credit Unions met with policymakers in Brussels this week to discuss critical regulatory issues related to draft directives concerning data protection, the proposed pan-European banking union and deposit guarantee schemes currently under consideration in the European Union.

"Everywhere credit unions are seeing increased regulatory burden," said Brian Branch, World Council president and CEO who joined the ENCU delegation in Brussels together with Michael Edwards, World Council chief counsel and vice president for advocacy and government affairs. "While we believe strongly in rigorous prudential discipline and risk management, we need to constantly dialogue with policymakers to educate them about the proportionately high compliance cost of such rules for smaller and less risky credit unions."

Scopul este de a evidentia contributia institutiilor asociative de tipul Uniunilor de Credit la reducerea saraciei, crearea de locuri de munca si promovarea integrarii sociale.

 Tema pentru Anul International este "Intreprinderile Asociative construiesc o lume mai buna."

 Uniunile de Credit sunt asociatii financiare detinute de membrii lor si controlate democratic de catre acestia.

 Uniunile de Credit din întreaga lume (in Romania, Casele de Ajutor Reciproc) au o oportunitate fara precedent pentru cresterea gradului de constientizare publica cu privire la contributiile miscarii la dezvoltarea socio-economica, la promovarea cresterii numarului de membri si la încurajarea adoptarii de politici si legislatie care sa promoveze pe termen lung, cresterea economica si stabilitatea financiara.