Credit Union Development Association

Total Lobbying Efforts: 73

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Lobbying Records (Page 1 of 8)

2025-05-21
Politician(s) lobbied: Des Carville (Head of Unit), Department of Finance
Intent: Establishment of a Government lending facility as an alternative source of funding for Credit Unions to enhance their balance sheet as they enter into long term lending
Methods: Meeting
Details & Methods:
MethodDescription
Identify a Government body to provide an alternative source of funding for Credit Unions
2025-05-21
Politician(s) lobbied: Elaine Byrne (Registrar of Credit Unions), Central Bank of Ireland
Intent: New Regulations to enable the establishment of a Corporate Credit Union. Changes to current Credit Union Regulations to enable credit unions' interactions with a Corporate Credit Union.
Methods: Meeting
Details & Methods:
MethodDescription
Amendment to Regulations to faciliate the development of Corporate Credit Union
2025-01-17
Politician(s) lobbied: Paschal Donohoe (Minister), Department of Public Expenditure, NDP Delivery and Reform; Neale Richmond (Minister of State), Department of Finance; Seán Fleming (Minister of State), Department of Foreign Affairs; Jennifer Carroll MacNeill (Minister of State), Department of Foreign Affairs; Ged Nash (TD), Dáil Éireann, the Oireachtas; Neasa Hourigan (TD), Dáil Éireann, the Oireachtas; Pearse Doherty (TD), Dáil Éireann, the Oireachtas; Róisín Shorthall (TD), Dáil Éireann, the Oireachtas; Richard Boyd Barrett (TD), Dáil Éireann, the Oireachtas; Peadar Tóibín (TD), Dáil Éireann, the Oireachtas
Intent: Full implementation of the Credit Union Amendment Act 2023 (ie commencement of phases 4 and 5) within the first 12 months of the new administrationState enablement of a tailored Credit Union contract for Repurchase (Repo) mechanism (once commencement of Credit Union Amendment Act 2023 complete) Establishment of Statutory-based Credit Union CouncilReduction of Deposit Interest Retention Tax (DIRT) on savings below €10,000
Methods: Letter
Details & Methods:
MethodDescription
Lobbying for changes contained in CUDA’s General Election Manifesto - Looking To The Future – Policy Position. Credit Unions Serving Members And Their Communities
2024-09-19
Politician(s) lobbied: Simon Harris (An Taoiseach), Department of the Taoiseach
Intent: To garner the Taoiseach’s support to urge the Central Bank of Ireland to implement an appropriate tiered regulations to commence the latter phases of the CUAA’23. We informed the Taoiseach of the potential additional support that credit unions can bring to achieving government policy on several societal matters. The Taoiseach was also asked to encourage the Central Bank of Ireland to modernise the prudential framework that is inhibiting growth potential of the credit union sector.
Methods: Meeting
Details & Methods:
MethodDescription
Lobbying for support in seeking proportionate regulations that will enable optimisation of the changes contained in the Credit Union (Amendment) Act ‘23
2024-09-19
Politician(s) lobbied: Neale Richmond (Minister of State), Department of Finance; Michael McGrath (Minister), Department of Finance
Intent: There were two specific results being advocated for:1. To exclude credit unions from requirement to comply with requirements of the Digital Operational Resilience Act (DORA) under Article 2(3) commencement of 17th Jan ’25.2. To include a sunset clause in the Statutory Instrument availing of the derogation that will bring credit unions under the requirements of DORA by January 2027.
Methods: Letter
Details & Methods:
MethodDescription
Lobbying for application of derogation from DORA with a sunset clause
2024-05-21
Politician(s) lobbied: Neale Richmond (Minister of State), Department of Finance
Intent: An amendment to Stabilisation Mechanism, S65 Part 4 CUCORA 2012 to support both standalone and TOE options for credit unions. That Government avail of the derogation in DORA as one of the entities that are listed in Article 2(5), points (4) to (23) however derogation to last for a defined period of time. Request the SI to contain a sunset clause. That Government retain the industry regulatory levy for credit unions at 50%.
Methods: Meeting
Details & Methods:
MethodDescription
Amendments to legislation that impacts credit unions
in particular
Part 4 CUCORA 2012
Digital Operational Resilience Act (DORA) and forthcoming S.I re industry levy
2024-01-20
Politician(s) lobbied: Michael McGrath (Minister), Department of Finance; Jennifer Carroll MacNeill (Minister of State), Department of Finance; Martin Heydon (Minister of State), Department of Agriculture, Food and the Marine
Intent: To secure the amendments put forward in the Credit Union (Amendment) Bill 2022 throughout the various stages of the Bill in the Oireachtas
Methods: Event / Reception
Details & Methods:
MethodDescription
Credit Union (Amendment) Bill 2022.
2024-01-20
Politician(s) lobbied: Michael McGrath (Minister), Department of Finance; Jennifer Carroll MacNeill (Minister of State), Department of Finance; Martin Heydon (TD), Dáil Éireann, the Oireachtas
Intent: To secure the amendments put forward in the Credit Union (Amendment) Bill 2022 throughout the various stages of the Dail
Methods: Event / Reception
Details & Methods:
MethodDescription
Credit Union (Amendment) Bill 2022.
2024-01-20
Politician(s) lobbied: John McGuinness (TD), Dáil Éireann, the Oireachtas; Richard Boyd Barrett (TD), Dáil Éireann, the Oireachtas; Rose Conway-Walsh (TD), Dáil Éireann, the Oireachtas; Pearse Doherty (TD), Dáil Éireann, the Oireachtas; Steven Matthews (TD), Dáil Éireann, the Oireachtas; Jim O'Callaghan (TD), Dáil Éireann, the Oireachtas; Peadar Tóibín (TD), Dáil Éireann, the Oireachtas
Intent: To secure the amendments put forward in the Credit Union (Amendment) Bill 2022 at Committee Stage
Methods: Letter
Details & Methods:
MethodDescription
Amendments to the Credit Union (Amendment) Bill 2022.
2023-09-21
Politician(s) lobbied: Jennifer Carroll MacNeill (Minister of State), Department of Finance
Intent: Changes desired to the published Bill. To encourage Government sponsored amendments to the Bill that will deliver the intent and purpose as requested by CUDA, and as agreed with other credit union stakeholders, to ensure that it is meaningful and will facilitate credit unions offer and deliver more products and services to existing and future credit union members.
Methods: Meeting
Details & Methods:
MethodDescription
Amendments to CU (Amendment) Bill 2022 [CUAB]