As credit unions evolve and become more digital, they are also faced with the ever increasing challenges of regulatory and reporting requirements.
We understand the significant time investment required in carrying out your duties and we can help ensure you are abreast of the developments in the sector.
We have many years of experience working with credit unions and offer a wide range of services which include:
- Directors training
As it is an annual requirement for all credit unions to carry out regular training on anti money laundering and counter terrorist financing, you can benefit from our bespoke training course ‘AML for Directors’.
We will review and provide recommendations on how to improve your credit union’s internal control processes, corporate governance for good Board functioning and risk management.
- Due diligence
We have experience in undertaking due diligence reviews in mergers and acquisitions.
- Risk & compliance review
The Credit Union Act 1997 and subsequent statutory instruments impose procedural and financial requirements on all credit unions. We will review your procedures and operations and assist you in ensuring you fully comply with these requirements.