Category: Credit Union

The Five Pillars of Operational Resilience

By gerard joyce / May 5, 2021

The Basel Committee (on Banking supervision) defines operational resilience as “the ability […] to deliver critical operations through disruption”. This could not be more succinct. Like all abilities it takes time and effort to get good at it. Here is a brief view of the key elements that collectively deliver resilience for an organization and where attention needs to be focused to ensure the ability and capabilities are developed.

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Webinar – Fundamentals of Anti-Money Laundering for Credit Unions

By fiona kiely / April 21, 2021

Webinar – Fundamentals of Anti-Money Laundering for Credit Unions We have teamed up with ID-Pal and Corrib Point to organise a CPD approved*, one-hour webinar on the Fundamentals of AML for Credit Unions. It will take place on Thursday May 13th @ 10.30am and cover the following topics: AML Risk Assessment – who, what, when, where, and why? Controls…

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(Brexit) Risk is the Effect of (Brexit) Uncertainty on (CU) Objectives

By paul obrien / September 13, 2019

Brexit has generated a whole lot of uncertainty and the fallout from it embodies the very definition of risk. But one thing we can be sure of amid it all is that the impact on the Irish economy will be significant, deal or no deal…

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The ‘Brexit Risk’ to a Credit Union

By chris hanlon / October 9, 2018

What is the potential impact of Brexit on a credit union (CU)? To fully understand the question in risk terms, Brexit has to be viewed as an external context. Given the uncertainty surrounding the type of Brexit agreement that will actually materialise, let’s assume the worst-case and consider how that is likely to affect the…

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Case Study: Bishopstown Credit Union

By chris hanlon / October 5, 2018

BCU wanted to source a system that would integrate Governance, Risk & Compliance management across their business instead of relying on a software that focused only on compliance. Automated Risk Register creation, Compliance Monitoring and Task Tracking were some of the key requirements they wanted from their new solution. Following market analysis, Bishopstown Credit Union…

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Risk Appetite Statement – What the regulator expects and what you should do

By chris hanlon / August 15, 2018

In this brief blog post we look at a recent finding from the Central Bank of Ireland (CBI) regarding the absence of a standalone risk appetite statement, and at what and how the CBI expects this issue to be addressed. This is not a template for a risk appetite statement because no two organisations are…

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CalQRisk Credit Union User Group Meeting

By chris hanlon / May 14, 2018

Our Credit Union User Group Meeting will take place on Tuesday May 22nd in the Midlands Park Hotel, Portlaoise and all CalQRisk Credit Union users are invited.

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IT Risk in Credit Unions – Thematic Review Findings Published

By chris hanlon / January 17, 2018

The Central Bank of Ireland has recently published its Thematic Review Findings with regard to IT Risk in Credit Unions.

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Credit Union User Group Meeting

By chris hanlon / June 22, 2017

We’re holding a User Group Meeting for Credit Unions on June 27th in the Maldron Hotel, Portlaoise on Tuesday June 27th. Attendees are welcome from 9.30am for tea / coffee & scones / pastries. The meeting will start at 10am, Lunch will be served at 12.30pm and the meeting is scheduled to finish at 2pm, however, we will be available to answer questions on a one-to-one basis from 2pm onwards.

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