Credit Unions and COVID-19 Regulators Perspective Nigel Stoddard FIUTT

CIPRIANI COLLEGE OF LABOUR AND CO-OPERATIVE STUDIES WEBINAR CREDIT UNIONS AND COVID-19: THE RESPONSE OF REGIONAL REGULATORS by Nigel Stoddard (Director (Ag.) Financial Intelligence Unit) IMPACT OF COVID-19 ON THE AML/CFT REGIME AML/CFT Supervisory Authority:   Temporary suspension of onsite AML/CFT/PF examinations   Scale down of desk-based AML/CFT/PF examinations   TemporarysuspensionofEnforcementHearing   Temporarysuspensionofoutreachsessions(online awareness sessions)…

Credit Unions and COVID-19 Regulators Perspective David Moe CDD

CO-OPERATIVE DEVELOPMENT DIVISION Operates under the Ministry of Labour and Small Enterprise Development   Headed by the Commissioner for Co-operative Development (Ms Andrea Mc Kenna – ActingCCD)   Authority derives from Co-operative Societies Act Chapter 81:03 (1971)   Approximately 50 Co-operative Officers and 50 Support Staff comprise the staff of the Division   Responsible for the Supervision…

Credit Unions and COVID-19 Regulators Perspective Claudius Lestrade FSU

FINANCIAL SERVICES UNIT DOMINICA Impact on members: Reduced or zero earnings Live off savings Savings may be low and further offset by health costs Inability to make loan payments Impact on credit union: Increased non-performing loans Reduced loan interest income Increase in loan loss provisioning Reduction in capital position Liquidity issues (Savings withdrawals) • Negative impact on growth…

RiskCALM4™ Solution Benefits for Each Credit Union

RiskCALM4™ Solution Benefits for Each Credit Union RiskCALM4™ is a fully integrated loan and deposit platform that addresses the new IFRS 9 requirements and features these benefits. Technical Benefits Infrastructure Management: provides and maintains the servers, operating system, application server and database Security via firewalls, intrusion detection and encryption Operating system patching and upgrades Database…

CO-OPERATIVES: RESHAPING CARIBBEAN SUSTAINABLE DEVELOPMENT – Mr. Aaron Moses

CO-OPERATIVES: RESHAPING CARIBBEAN SUSTAINABLE DEVELOPMENT Address By CCCU’s President Mr. Aaron Moses To The Opening Of The 60th Annual International Convention, Varadero, Cuba, June 17, 2017 Ladies and gentlemen, I welcome and greet you with tremendous expectation and enthusiasm for yet another engaging, interactive and rewarding cooperative experience. I want to particularly welcome those of…

The CCCU Convention 2017

Caribbean and International Credit Union Leaders and Practitioners will assemble in Varadero, Cuba for the 60th Annual International Convention and 46th Annual General Meeting of the Caribbean Confederation of Credit Unions [CCCU] which will be held June 16 – 21, in Varadero, Cuba, under the theme “Co-operatives: Re-shaping Caribbean Sustainable Development”