Credit Unions

Landmark reforms to legislation governing the credit union sector have been approved in the Oireachtas. The Credit Union (Amendment) Bill 2022 is the first substantive credit union legislation since 2012, which followed the Commission on Credit Unions. Having passed the final stage in the Seanad yes

New legislation aimed at growing credit union lending has been approved by Senators and will now go before TDs. The Credit Union (Amendment) Bill 2022, published earlier this month, is the first substantive credit union legislation since 2012, which followed the Commission on Credit Unions.

New legislation aimed at growing credit union lending has been published by ministers. The Credit Union (Amendment) Bill 2022 is the first substantive credit union legislation since 2012, which followed the Commission on Credit Unions.

Credit unions will have until the end of June to hold their 2020 AGMs virtually following an extension of Covid-19 rules. The Finance (Miscellaneous Provisions) Act 2020, signed into law last December, extended the timeline for credit unions to hold their 2020 AGMs to end of April. It also allowed f