2026-11-03 · 1 statements · 1 actors
PRA and FCA discussion paper on credit union regulation, 3 November 2026
The PRA and FCA publish a discussion paper setting out options to review whether the credit union regulatory framework remains proportionate.
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United Kingdom
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Regulators explore credit union reforms to support growth, innovation and better outcomes for members
2026-11-03 · central bank · one of several topics in this statement
The PRA and FCA set out options in a discussion paper to examine whether the credit union regulatory framework remains proportionate, and are inviting views on these options and any others firms suggest.
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Regulators explore credit union reforms to support growth, innovation and better outcomes for members
2026-11-03 · central bank · one of several topics in this statement
FCA and PRA officials say credit unions are important to financial services and that the regulatory framework should adapt to support their growth while maintaining good consumer outcomes.