From Anglican News-Sir Hector Sants, former Chief Executive of the Financial Services Authority and Head of Compliance and regulatory affairs for Barclays Bank, has accepted the Archbishop of Canterbury’s invitation to chair a Task Group to help support the growth of Credit Unions as part of a more competitive financial sector which encourages responsible lending and saving.
The Task Group will develop the Church of England’s on-going support for local credit unions (web link) while working with the wider financial sector to build support for more competitive and community-based financial services. It will mobilise some of the offers of support and assistance which the Archbishop received following his comments in the summer. The Task Group will meet for the first time at the end of January.
Members of the Task Group include the bishops of Stepney and Hull, representatives of the credit union movement, and members with senior level experience in the banking and regulatory sectors.
More here-
http://www.anglicannews.org/news/2014/01/sir-hector-sants-to-chair-archbishops-task-group-on-credit-unions-and-the-financial-sector.aspx
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