World Council of Credit Unions has urged the Financial Action Task Force to reduce unnecessary compliance burdens on credit unions by providing increased clarity on the relative risks posed to global anti-money laundering efforts by common retail credit union and banking services. WOCCU’s Jan. 13 comment letter to the Paris-based international organization was written in response to six […]

World Council of Credit Unions has urged the Financial Action Task Force to reduce unnecessary compliance burdens on credit unions by providing increased clarity on the relative risks posed to global anti-money laundering efforts by common retail credit union and banking services. WOCCU’s Jan. 13 comment letter to the Paris-based international organization was written in response to six […]