US EditionPRA CP13/25 - Credit Union Service Organisations
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PRA CP13/25 - Credit Union Service Organisations
On 24 June 2025, the Prudential Regulation Authority (PRA) published Consultation Paper 13/25 – Credit Union Service Organisations (CP13/25). In CP13/25 the PRA sets out proposed rules and expectations for credit unions who invest or wish to invest in Credit Union Service Organisations (CUSOs). CUSOs are entities that are owned by credit unions and provide shared services to them, thereby providing economies of scale benefits. A number of CUSOs …
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