The Central Bank held information sessions on the Credit Union Bill, 2011 from
January 12th to 20th, 2012. The Bill was distributed to the sector on November 30, 2011
The sessions were held with a twofold purpose: (1) to provide explanations and
clarification on key sections of the Bill; and (2) to provide an opportunity
for dialogue on the Bill before the formal comments from the sector are submitted
to the Central Bank. The deadline for comments has been extended from March 28, 2012
to May 31, 2012.