MADISON, Wis.–Nominations are now open for World Council of Credit Unions’ 2022 Distinguished Service Award (DSA).
THE globe
CU News From Around the Planet
OTTAWA, Canada—Officials with the Department of Finance Canada believe there could be sweeping implications for the economy if the Bank of Canada ever issued its own cryptocurrency, according to internal government documents.
MEXICO CITY, Mexico—Two countries have announced plans related to digital currencies.
DUBAI, U.A.E— The United Arab Emirates-based Mashreqbank has agreed to pay $100 million to the New York Department of Financial Services, the Federal Reserve, and the Office of Foreign Asset Control (OFAC) for violation of the now-repealed Sudan Sanctions Regulations.
SAN FRANCISCO—Visa has confirmed that it will expand its cross-border payments services in Canada.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar on organizational leadership on Jan. 25 as part of its Resilient Leader Series.
DUBLIN, Ireland–The country’s credit unions are pressing the government to relax laws so as to allow them to co-lend on projects and channel deposits into the government’s savings program.
DUBLIN, Ireland–This country’s credit unions have started to recover from the collapse in lending that was caused by the pandemic, but are still struggling to find members looking to borrow, according to a new analysis.
BASEL, Switzerland—The Bank for International Settlements (BIS) is setting up a task force on defining common features of cross-border payment service levels.
SYDNEY, Australia—Australia’s Council of Financial Regulators’ has endorsed the country’s treasurer’s plans to create rules for cryptocurrency and digital assets and has mapped out next steps.