WOCCU's Model Law

The World Council of Credit Unions (WOCCU) Model Law is a framework designed to help countries create effective regulations for credit unions. It provides guidelines on governance, membership, financial management, and risk management, ensuring that credit unions operate safely and serve their members well. By adopting this model, countries can strengthen their credit union systems, promoting financial inclusion and economic stability. The Model Law aims to balance innovation and consumer protection, enabling credit unions to compete and thrive in the financial sector while maintaining trust and accountability.