Comments on Credit Union Bye-Laws and Guidelines

Published Monday December 21st, 2015

During 2015, the Central Bank issued the Draft Uniform Bye-Laws, along with a Consultation Paper on the following guidelines:

  1. Guidelines for the Management of Liquidity Risk for Credit Unions
  2. Guidelines for the Management of Operational Risk for Credit Unions
  3. Guidelines for the Management of Credit Risk for Credit Unions
  4. Guidelines for the Management of Interest Rate Risk for Credit Unions
  5. Guidelines for the Corporate Governance of Credit Unions

We received a number of comments on these documents and are in the process of finalizing the documents. For information purposes, we have compiled a listing of the comments received, along with the Central Bank’s response to these comments. Please see the documents below.

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