FSMT CREDIT UNION – Adequacy of resources – Value of Credit Union’s assets less than value of its liabilities – Whether removal of permission to accept deposits and imposition of requirements not to make new loans, redeem members’ shares or repay any deposits is appropriate – Yes
Citations:
[2006] UKFSM FSM038
Links:
Financial Services
Updated: 15 July 2022; Ref: scu.268216