Legal News for UK Co-ops and Mutuals

This is a blog where brief information about developments in UK Co-op and mutual law will be reported. Readers of this blog will also find Linda Barlow's Co-operatives UK Blog at http://www.uk.coop/blogs/linda.barlow helpful. For an network of academics working on co-ops, mutuals and social enterprises visit http://blogs.kent.ac.uk/r-comuse/2012/09/welcome-to-r-comuse/

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Interested in sharing information and knowledge around legal issues for co-ops and social enterprises in the co-oplawnews blog and thoughts on random issues in the "real" blog.

Thursday, December 10, 2009

Tougher Liquidity and Capital Requirements for Credit Unions

See the full text of the FSA Consultation Paper on the planned revision of CRED, the credit union source book here or the summary here. This is the credit unions' version of the tighter liquidity and capital requirements being imposed on banks in the light of the financial crisis. It also accommodates the regulstory reform order changes (see earlier post today).

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