Communications This page contains communications issued to credit unions by the Registry of Credit Unions. Communications relating to credit unions and anti-money laundering are available on the Anti-Money Laundering section of our website. Circulars Circular re Flexibility Measures for Credit Unions - COVID-19 - 5 November 2020 Circular re COVID-19 - Payment Breaks in Credit Unions - 8 June 2020 Circular re COVID-19 - 16 April 2020 Circular re COVID-19 - 31 March 2020 Financial Year End 2018 Letter to Auditors Financial Year End 2018 Letter to Board of Directors Circular re Financial Year End 2017 Letter to Auditor Circular re Personal Payment Accounts and Payment Services (including Debit Cards) Circular re Credit Union Financial Year End 30 September 2016 - Year End Approach - September 2016 Circular re Credit Union Financial Year End 30 September 2015 - Year End Approach Circular to (Auditors) re Auditing of Annual Accounts of Credit Unions for year ending 30 September 2015 - September 2015 Circular to (Auditors) re Auditing of Annual Accounts of Credit Unions for year ending 30 September 2015 - Section 22 - September 2015 Circular re Credit Union Financial Year End 30 September 2014 - Year End Approach - September 2014 Circular to (Auditors) re Auditing of Annual Accounts of Credit Unions for year ending 30 September 2014 - September 2014 Circular re Investment in State Securities Circular re Commencement of section 15(1) of the 2012 act on 3 March 2014 Circular re Commencement of Certain Provisions of the 2012 Act on 11 October 2013 Circular re Fitness and Probity Circular re Information Seminars Credit Union News Credit Union News Issue 19 - December 2023 Credit Union News Issue 18 - May 2023 Credit Union News Issue 17 - October 2022 Credit Union News Issue 16 - March 2022 Credit Union News Issue 15 - October 2021 Credit Union News Issue 14 - March 2021 Credit Union News Issue 13 - October 2020 Credit Union News Issue 12 - March 2020 Credit Union News Issue 11 - September 2019 Credit Union News Issue 10 - February 2019 Credit Union News Issue 9 - September 2018 Credit Union News Issue 8 - February 2018 Credit Union News, Issue 7 - June 2017 Credit Union News, Issue 6 - January 2017 Credit Union News Issue 5 - July 2016 Credit Union News Issue 4 - February 2016 Credit Union News Issue 3 - August 2015 Credit Union News Issue 2 - January 2015 Credit Union News Issue 1 - July 2014 Fitness and Probity Thematic Fitness and Probity Inspections Industry letter Report on Findings of Thematic Fitness and Probity Inspections in Credit Unions - February 2017 Update on Fitness and Probity for Credit Unions - March 2015 Update on Fitness and Probity for Credit Unions - July 2014 Update on Fitness and Probity for Credit Unions - October 2013 Presentations 2023 Information Seminar Presentation Video A video is available from the seminar on our YouTube channel. Extension of Minimum Competency Code to in-scope credit union activities Year End 2023 & Supervisory Topics Restructuring Update Policy SnapShots Exempt Services - Update Lending Review - Update Member Business Current Account Services 2022 Information Seminar Presentation Video A video is available from the seminar on our YouTube channel. Year End 2022 Climate Change Policy Snapshots MPCAS Lending Overview Restructuring Update Central Bank of Ireland Portal: Information Update 2021 Information Seminar Presentation Video A video is available from the seminar on our YouTube channel. Slides Credit Union Investments Update of the ECB Regulation on payments statistics Regulatory Updates MPCAS Credit Union Lending 2020 Information Seminars Presentation Video A video is available from the seminar on our YouTube channel. Slides Supervisory Expectations - Risk Management / Loan Forbearance 2020 Financial Year End Update on Changes to the Lending Framework (including risk considerations for credit unions) Update on Restructuring Brexit Preparedness & Transitional Arrangement for Investments 2018 Information Seminars Presentation Videos Videos from one of our seminars are available on our YouTube channel. Slides Opening Remarks Business Model Strategy Review of the Lending Framework for Credit Unions Provisioning Guidelines for Credit Unions Financial Conditions of Credit Unions Irish Economy: Outlook 2018 – 2019 2017 Information Seminars Presentation Videos Videos from one of our seminars are available on our YouTube channel. Slides Regulatory Framework – Updates and Developments Supervisory Overview Business Model – Responsive Risk Based Transformation Central Credit Register (CCR) Anti-Money Laundering & Countering the Financing of Terrorism Auditor Roundtable Auditor Roundtable Presentation July 2017 2016 Information Seminars Opening Remarks Supervisory Engagement 2016 Restructuring Regulatory Framework – updates and developments Business Model Development Safety and Integrity of Cash Central Credit Register (‘CCR’ 2015 Information Seminars Opening Remarks Regulations for Credit Unions PRISM - Refined Engagement Approach Regulatory Framework Developments 2014 Information Seminars Opening Remarks Regulatory Framework Developments CP88 Consultation on Regulations Overview of Draft Regulations Regulatory Framework Developments Presentation to CUMA on the Annual Compliance Statement Presentation to ACOI on the Role of the Compliance Officer in Credit Unions The information contained in the "Opening Remarks" presentation and the "Implementation of the New Regulatory Framework" presentation is based on the implementation plan published by the Department of Finance on 1 July 2013. Please refer to the Introduction Chapter of the Credit Union Handbook for information on revised commencement dates. 2013 Information Seminars Opening Remarks Fitness and Probity Regime for Credit Unions Fitness and Probity Individual Questionnaire Application Process Implementation of the New Regulatory Framework Credit Union Handbook Supervisory Approach Reports Thematic Review of Risk Management Maturity in Credit Unions Credit Union Investments Letter to Minister for Finance on Review of Credit Union €100,000 Individual Member's Savings Limit ICURN Credit Union Peer Review Report - November 2019 Restructuring in the Credit Union Sector - Thematic Review Findings - February 2019 Prize Draws in Credit Unions – Thematic Findings – March 2018 House Loans in Credit Unions - Thematic Review Findings - January 2018 IT Risk in Credit Unions - Thematic Review Findings - January 2018 Report on Thematic Outsourcing Inspections in Credit Unions - April 2017 Report on Findings of Thematic Fitness and Probity Inspections in Credit Unions - February 2017 CUAC Review of the Implementation of the Recommendations of the Commission on Credit Unions: Central Bank Submission - June 2016 ICURN Credit Union Peer Review Report - July 2015 Sector Stakeholder Dialogues Memorandum of Understanding between the Minister for Finance, Credit Union Advisory Committee and Registrar of Credit Unions Response to CUDA re COVID-19 - 29 May 20 Response to ILCU letter to Governor re COVID-19 - 23 April 20 Financial Conditions of Credit Unions Financial Conditions of Credit Unions 2023 I FCCU 2023 I – Chartpack Financial Conditions of Credit Unions, 2022: I FCCU 2022 I - Chartpack Financial Conditions of Credit Unions, 2021: I FCCU 2021 I - Chartpack Financial Conditions of Credit Unions, 2020:I FCCU 2020 I - Chartpack Financial Conditions of Credit Unions, 2019:II FCCU 2019 II – Chartpack Financial Conditions of Credit Unions, 2019:I Financial Conditions of Credit Unions, 2018:II Financial Conditions of Credit Unions, 2018:I Financial Conditions of Credit Unions, 2017:II Financial Conditions of Credit Unions, 2017:I Credit Union Owned Outsourced Service Providers (CUSPs) Investment and Participation in Credit Union Owned Outsourced Service Providers (CUSPs) 7th October 2019 Guidance Outsourcing Register Template Business Model Strategy: Guidance for Credit Unions Long Term Lending Guidance for Credit Unions - December 2017 Supervisory Commentary Credit Union PRISM Supervisory Commentary September 2020 Credit Union PRISM Supervisory Commentary April 2019 Credit Union PRISM Supervisory Commentary March 2018 Credit Union PRISM Risk Assessments Supervisory Commentary May 2014