St Machar Credit Union’s (SMCU) use of personal accounts

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St Machar Credit Union’s (SMCU) use of personal accounts

9th March 2015, 16:01:PM

We have investigated St Machar Credit Union’s (SMCU) use of personal accounts to facilitate faster payments for members, which has given rise to serious concerns in relation to SMCU’s risk management systems.

http://www.fca.org.uk/news/smcu-use-...sonal-accounts

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St Machar Credit Union’s (SMCU) use of personal accounts