Thursday's G-20 meeting could have implications for U.S. credit unions, said Dave Grace, World Council of Credit Union vice president of association services.
He said G-20 leaders will be considering global financial standards and rules that will eventually be followed by federal regulators in many countries, including the U.S.
"That's what's so important about this meeting later this week," Grace said. "The rules they'll make there, they'll be setting them for many types of financial institutions and they'll be in effect for a long time. That's why we've been working for months to try to get ahead of this train."
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