Historical / Current Cases

CUDA requested an update from the Registrar at our recent quarterly meeting. The RCU noted that the assessment is still ongoing but indicated that they are prioritising year end and observing what credit unions are putting in their accounts. Central Bank will be dealing with credit unions on a case by case basis with regard to the treatment of legacy cases in the annual accounts.

If you require any further information on this please don’t hesitate to speak directly to us in the CUDA office (kevin.johnson.cuda.ie / elaine.larke@cuda.ie).