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FCA Handbook
CREDS
CREDS 4
CREDS 4.1 Application and purpose

CREDS 4.1 Application and purpose

Application

CREDS 4.1.1R08/01/2012

1This chapter applies to all credit unions.

Purpose

CREDS 4.1.2G08/01/2012

The purpose of this chapter is to provide for limits on holdings of shares and deposits, joint accounts, dividends and insurance cover (based on the aggregate value of shares and deposits).

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CREDS 4.1 Application and purpose

Application

Purpose