THE globe

CU News From Around the Planet

DUNDALK, Ireland–Staff from Ukrainian Persha Vseukrayinska Kredytna Spilka (PVKS Credit Union) participated in a four-day Global Bridges engagement to Ireland, where they met with representatives of Dundalk Credit Union.

WASHINGTON, D.C.—Oscar Guzman, chief of party with the World Council of Credit Unions’ Economic Inclusion Project, told attendees at the 2023 Cooperative IMPACT Conference that cooperatives play an “integral role” in the socioeconomic integration of Venezuelan migrants in Peru and Ecuador.

ST. JOSEPH, Trinidad & Tobago–Three former executives and one long-time employee of the St. Joseph-based Eastern Credit Union Co-Operative Society (ECU) have sent a letter to this country’s Commissioner for Co-operatives mexpressing “grave concern about the operations of the ECU” and are calling for an investigation into the credit union and its board.

LONDON—Britain's financial watchdog said it has launched a formal review into how banks conduct mandatory extra checks on "politically exposed" customers and their families for money laundering risks.

LONDON—The World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties, has published the first of a two-part research project that analyzes exchange engagement with crypto market developments.