Credit Unions - Regulatory returns / Guidelines

REGULATORY RETURNS

FINANCIAL RETURNS – QUARTERLY

  • SD1A – BALANCE SHEET
  • SD2A – INCOME AND EXPENDITURE STATEMENT
  • SD5B – LOAN REPORT
  • SD 7 – GENERAL INFORMATION

FINANCIAL RETURNS – ANNUALLY

  • 1.SD6 – REPORT ON DOUBTFUL ACCOUNTS
  • 2.Comparative Financial Statements - Co-operative Societies Act, Section 127
  • 3.A budget for each financial year - Co-operative Societies Act, Section

ELECTORAL RETURNS

  • Form E – NOTICE OF CHANGE OF DIRECTORS
  • Form I – ELECTORAL RETURNS
  • Form J – NOTICE OF CHANGE OF COMMITEES

OTHER
In accordance with Section 10 of the FSC Act, The Commission reserves the right to require the submission of a special return on any subject connected with the business and affairs of the (Credit Union).
Section 53 Financial Services Commission Act empowers the Commission to issue guidelines after consultation with financial institutions. To this end, the following guidelines for credit unions are currently under consideration by the FSC.

GUIDELINES
Section 53 Financial Services Commission Act empowers the Commission to issue guidelines after consultation with financial institutions. To this end, the following guidelines for credit unions are currently under consideration by the FSC.