Letter from Credit Union Supervision Team to Directors of PRA-regulated credit unions

Published on 07 October 2020

This letter:

  • reiterates messages on engagement with the PRA and regulatory reporting;
  • confirms the PRA’s supervisory focus and priorities for Credit Unions (CUs) in this period; and 
  • includes a detailed PRA rule modification available to all consenting CUs from Saturday 2 January 2021 until Saturday 31 December 2022.