questionText: To ask the Chancellor of the Exchequer, what discussions she has had with regulators on reviewing rules on credit unions offering insurance products such as income protection.
answerText: Credit unions are regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to ensure the stability and soundness of the sector. The regulators are independent and make decisions on the regulation of credit unions in...
heading: Credit Unions