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MADISON, Wis.—World Council of Credit Unions’ (WOCCU) is urging the G20 to adopt language in its 2024 Leaders’ Declaration that embraces a proportional tailoring of regulations that will enable credit unions to continue increasing financial inclusion across the globe.
MADISON, Wis.—If technological innovations are going to truly boost financial inclusion worldwide, international standard setting bodies and national-level regulators must consider the institutions offering digital financial products and services as much as they examine how those deliverables are offered when contemplating new compliance requirements.