Supervisors from over 40 countries and jurisdictions from Africa, Asia, Caribbean region, Europe, North America and South America are members of ICURN and direct its activities. Supervisors with statutory authority to oversee financial cooperatives in their jurisdiction are welcome to join ICURN. Contact us at firstname.lastname@example.org for a membership inquiry.
This document contains a set of best practices for financial cooperative governance. The guiding principles incorporate 17 elements considered desirable in facilitating effective governance of cooperative financial institutions.
The International Credit Union Regulators' Network ICURN is an independent and not-for-profit association of financial cooperative supervisors from around the world. It provides supervisor training and is governed by a board of directors comprised of its members. Its Secretariat office is based in the USA.
The principles for credit union governance and supervision have been formulated by ICURN and are recommended as a guidance for supervisors. They address certain of the unique characteristics that distinguish credit unions from other types of deposit-taker.
The in-person conference will return in July 2022 and will be held in Montreal, Canada.
July 8, 2021 - ICURN launches a virtual training program for credit union supervisors. The training took place on September 20-24, 2021. Additional details are here.
March 15, 2021 - ICURN announces Virtual Conference on July 7-8, 2021.
June 24, 2020 - Over 200 Credit Union Supervisors Discuss COVID-19 Response, Meet with Basel Committee and Ukraine Joins ICURN during 2020 Annual Conference.
March 19, 2020 - Global regulators gathered to Discuss the response to COVID-19.
December, 2019 - ICURN Completes a Peer Review of the Central Bank of Ireland's supervision of credit unions. Read the full report.
July 24, 2019 - ICURN Annual Conference meets in Chicago.
April 18, 2018 - ICURN Co-Sponsors World Bank Workshop on Financial Inclusion
November 8, 2021 Panel 3 of the International Symposium on CFIs will discuss Regulation and Supervision for Small Rural CFI.
April 21, 2021 Ongoing Pandemic Response
by Financial Cooperative Supervisors
October 8th, 2020: Digitization of Credit Unions in a World of Cyber Security Risks
October 28th, 2020: Ensuring Stability through Remote Supervision
ICURN Credit Union Supervision Principles
These 23 guiding principles are recommended by ICURN as a framework for assessing the effectiveness of the supervisor of credit unions where the supervisor has statutory responsibility for their safety and soundness. ICURN also hopes that these principles will provide helpful guidance for credit union supervisors in jurisdictions where their powers are based on a system of self-regulation or other non-statutory arrangement.
The in-person conference was rescheduled for 2022 in Montreal, Canada. The conference is open to financial cooperative supervisors only.
The 2021 Annual Conference has taken place on July 7-8, in virtual format. Conference presentations are available on the Member's-Only website.
The Virtual 2020 ICURN conference
has taken place on June 23-24. Read summary here.
Over 60 supervisors worldwide have attended the annual ICURN Conference on July 24-26, 2019 in Chicago, USA.