DUBLIN, Ireland — NASCUS President/CEO Mary Martha Fortney andformer NASCUS Chairman Roger Little, deputy commissioner of theMichigan Credit Union Division, joined regulators from 17 countriesas well as representatives from NCUA and CUNA at the World Councilof Credit Unions Regulators Roundtable that was held during theWOCCU 2006 World CU Conference here. In his presentation on“Creating an Environment that Allows Credit Unions to Compete,”Little discussed the importance of sound corporate governancepractices; the potential effects of credit union competition onmember benefits and credit union operations; and regulation in acompetitive environment including higher expectations of boards andmanagement. The agenda also included discussion on mergers andconsolidations, capital for credit unions, risk assessment andsustainability of small credit unions. Fortney observed that, “Theissues of international regulators face are not unlike challengesAmerican regulators are addressing; many of the issues can betacked on a global level for the greater good of the entiresystem.”

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