Credit Unions – Deferred Shares

Closed 27 May 2019

Opened 29 Apr 2019

Contact

Susan Woolard

(Policy Adviser)

Policy & Authorisations

+44 1624 689333

susan.woolard@iomfsa.im

Feedback updated 15 Oct 2019

We asked

We asked for your views on permitting a specific type of shares in credit unions.

You said

A summary of the comments that were received can be found here.

We did

The new legislation came into effect on 1 August 2019.

Results updated 2 Aug 2019

Files:

Overview

A proposal to make an Order that will permit credit unions to issue deferred shares.

Why your views matter

Required by section 29 Credit Unions Act 1993
 

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Finance