27 results
Why Keep Records for Anti-Money Laundering
This year (2016), Barbados will engage in an exercise to assess its Money Laundering and Terrorist Financing (ML/TF) risks …Credit Union – Fitness and Propriety
What you need to know In March 2017, the Financial Services Commission (Commission) updated its fit and proper assessments of …Compliance Is Not A Choice!
First of all, let’s get this straight- Compliance Is Not A Choice! In this current environment where legislation is …About Us
We often neglect documenting information as we progress through time. This is a shame, so SUSU Magazine was born to …Making Money Moves
We are constantly overwhelmed by the amount of articles telling us about the need to budget our money, but there …The Importance of Managing and Mitigating Conflicts of Interest
Credit unions as cooperative organisations are governed by elected directors who are volunteers, and are involved in various business or …Corporate Governance in the Credit Union Context
The Importance of the Supervisory Committee & Member Participation Many who don’t understand the unique fabric of credit unions tend …Please Don’t Ask Me To Join Your Forex Team
Your friend, the one that started trading Forex, just made a Facebook posting touting the fact that they are making …What Are Your Options For Your Child’s Back To School Loans
Here’s how you can finance your child’s education for the new school term.Co-operatives Eyeing Investments in Energy
Lt Col Trevor Browne SCM One of the quiet success stories in Barbados has been the growth of the Co …Enhancing Corporate Governance Practices in Barbadian Credit Unions
The credit union sector plays an increasingly important role in the Barbadian landscape as a provider of financial services. Concomitant …What Do We Mean By “Printing Money?”
If you’ve ever been confused by the term “Printing Money” then you’re not alone. Almost every day we …Managing Pensions
Every working-class citizen is excited about the prospect of retirement. For many who are fortunate enough to reach this …Debit vs Credit Cards – What’s The Difference?
Credit cards and debit cards allow us to do the thing we most love and hate to do – spend money …A Tribute to our Brother and Friend, Bro LeVere Richards
By the Barbados Workers’ Union Cooperative Credit Union Ltd . The righteous perish, and no one takes it to heart; the …Barbados Credit Unions Behaving Like Banks
The Barbados credit union movement has strayed from its roots and gutsy approach to the provision of financial services. And …Crowdfunding and Venture Capitalism: Tools for A Better Barbados
Crowdfunding The world is currently facing a trying period where a pandemic has disrupted our normal way of life. However …Credit Unions Responding to Tightening Regulation
Meeting and adhering to increasingly complex and costly compliance standards may force some credit unions to either merge or transfer …What is Customer Due Diligence?
Customer due diligence (CDD) is at the heart of Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) and Know …Assessing Investment Risk
You have a cow, your last cow, and your mother sends you to the market to sell it and get …
Institutions
Financial Services Commission
The Financial Services Commission (FSC), is an integrated regulatory body responsible for supervising and regulating non-bank financial institutions in Barbados.
