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The Financial Services Authority and credit unions ‐ A new era in regulation?

Nicholas Ryder (Credit Union Research Unit, Law School, University of Glamorgan, Mid Glamorgan CF37 1DL, UK; e‐mail: nryder@glam.ac.uk)

Journal of Financial Regulation and Compliance

ISSN: 1358-1988

Article publication date: 1 September 2003

531

Abstract

This paper examines the regulatory regime of the Financial Services Authority towards the credit union movement in Great Britain as contained in the Credit Union Sourcebook. The author discusses the merits of a strong regulatory regime towards credit unions within Great Britain and concludes that such an approach could improve the traditional perception of credit unions, increase the protection of members and increase awareness of the benefits of joining a credit union.

Keywords

Citation

Ryder, N. (2003), "The Financial Services Authority and credit unions ‐ A new era in regulation?", Journal of Financial Regulation and Compliance, Vol. 11 No. 3, pp. 241-249. https://doi.org/10.1108/13581980310810552

Publisher

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MCB UP Ltd

Copyright © 2003, MCB UP Limited

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