CU News From Around the Planet
WASHINGTON—The World Council of Credit Unions has published “What Credit Unions Should Know About Sustainable Finance,” which it describes as a guide to help credit unions understand many of the international standards and emerging regulatory frameworks surrounding climate-related and sustainable finance issues.
SEOUL, South Korea—To combat money laundering schemes and recover funds associated with criminal activity, the South Korean Ministry of Justice announced plans to implement a crypto-tracking system.
NEW YORK–The fallout from the failures of the two banks is also being felt by countries outside the United States.
LIMA, Peru— The USAID/World Council of Credit Unions’ (WOCCU) Economic Inclusion Project has introduced to more than 100 representatives of Peru’s financial sector a formal guide it said will help them identify the types of assistance refugee and migrant populations need to access formal financial services, as well as the best practices to help facilitate their financial inclusion.
LONDON—Authorities in the United Kingdom have raided several sites suspected to be hosting illegally operated cryptocurrency ATMs that reportedly allowed people to buy or convert conventional currencies into cryptocurrencies such as Bitcoin.
NEW DELHI, India—Indian banks and retailers have reportedly begun accepting contactless payments made with digital rupees.
DUBLIN, Ireland–Ireland’s credit unions are to be used to identify and support victims of coercive control and domestic violence under proposals being drawn up by one government minister.
LIMA, Peru—The USAID/World Council of Credit Unions’ Economic Inclusion Project (EIP) in February is reporting it shared how it has generated opportunities for nearly 100,000 Venezuelan migrants, as well as local, vulnerable populations in Peru and Ecuador, according to WOCCU.
WASHINGTON–Oskana Markarova, the Ukrainian Ambassador to the United States, welcomed representatives of the World Council of Credit Unions (WOCCU) and four Ukrainian American credit unions to the Embassy of Ukraine in Washington to discuss possible avenues of collaboration moving forward.
WASHINGTON–Representatives of the World Council of Credit Unions and its partners shared with attendees at a CUNA GAC breakout session how their advocacy efforts have led to “meaningful change” in wartime Ukraine.
