We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

PRA takes its first enforcement action against individuals in a credit union

Compliance Monitor

PRA takes its first enforcement action against individuals in a credit union

The Prudential Regulation Authority has issued its first bans and censures of individuals involved in a credit union. Two of the four individuals were directors of ‘Enterprise the Business Credit Union Ltd’ whose main failing was that they failed “to act with due skill, care and diligence in performing their director roles”. These two directors were censured.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more