- About Credit Unions & Mutual Building Societies
- Latest News
- Find a Branch
New law for credit unions, finance companies
Parliament has passed a law described as a "complete waste of time" which introduces a licencing regime for non-bank deposit takers (NBDTs).
The Non-bank Deposit Takers Act 2013, which is expected to come into force in May 2014, covers finance companies, building societies, and credit unions. Learn more >