World Bank Issues Paper on Regulation of Financial Cooperatives including Credit Unions and Their Role in Financial InclusionNovember 09, 2018
The World Bank issued its paper “Financial Cooperatives Issues in Regulation, Supervision, and Institutional Strengthening”, highlighting the role if financial cooperatives, including credit unions, as significant drivers of financial inclusion. The paper notes that the significance of financial cooperatives in terms of financial inclusion in the developing world cannot be underestimated.
Included in the paper is a focus on the main issues surrounding the regulation, supervision and strengthening of financial cooperatives building on examples from different countries as well as on the inputs received from the public.
A copy of the paper can be downloaded here.