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Prudential Regulation Authority’s (PRA) approach to Credit Union Service Organisations (CUSOs) and intention to consult on rule changes
Letter from Laura Wallis to clarify the current regulatory position with respect to credit unions that hold an investment in, or are users of, CUSOs. It also outlines the PRA’s intention to consult on changes to PRA rules later this year to remove any uncertainty on the regulatory position.
Letter
