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Regulators explore credit union reforms to support growth, innovation and better outcomes for members

News release published by Bank of England on Tuesday, 3 November 2026 at 10:00 UK time.

What was announced

Credit unions could benefit from several ideas put forward today by the Prudential Regulation Authority and Financial Conduct Authority aimed at helping the sector grow, innovate and meet the changing needs of their members.

Who and where

UK bodies of power

Where this sits in the 10 levels of power

Receipt

Headline and summary quoted from Bank of England. Read the full text on the publisher's site.

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