Episode 43: How Grassroots Advocacy and Global Support Stopped a Burdensome Regulation in the Cayman Islands

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The Global Credit Union Podcast

World Council of Credit Unions

55 episodes

6 days ago

Hear how World Council of Credit Unions engages in advocacy, development and education to champion and grow credit unions and cooperative finance worldwide on our monthly podcast. We'll feature interviews with World Council's diverse array of experts and other credit union professionals from our global membership base.

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Non-Profit

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Episode 43: How Grassroots Advocacy and Global Support Stopped a Burdensome Regulation in the Cayman Islands

The Global Credit Union Podcast

30 minutes 20 seconds

12 months ago

Episode 43: How Grassroots Advocacy and Global Support Stopped a Burdensome Regulation in the Cayman Islands

When the Cayman Islands' Ministry of Finance in August proposed a new $200,000 annual registration fee for the country's only credit union, Cayman Islands Civil Service Association Credit Union (CICSA) Limited CEO Patricia Estwick immediately mobilized employees, board directors and members, while also enlisting assistance from the Caribbean Confederation of Credit Unions (CCCU) and World Council of Credit Unions (WOCCU) International Advocacy team to stop it.

Patricia Estwick and CCCU General Manager Denise Garfield join us for Episode 43 of The Global Credit Union Podcast to discuss how they successfully challenged this burdensome proposal through a combination of grassroots advocacy and global support.