Regulation, supervision and oversight of credit union organisations

  • Víctor Mora Delgado MAGNALEX Abogados, Costa Rica
DOI: https://doi.org/10.18543/dec.2394
Keywords: savings and credit cooperatives, financial intermediation, legal regulation, Conassif (National Council for Supervision of the Financial System), supervision, inspection, Sugef (General Superintendence of Financial Entities), Infocoop (National Institute for Cooperative Development), Republic of Costa Rica

Abstract

The objective of this article is to present a summary of the legal foundations that govern both the regulation, as well as the supervision and surveillance of cooperative savings and credit organizations in the Costa Rican financial system, as well as the basic statements of prudential regulatory regulations. over which the superior control of these cooperative associations is exercised by the State for being an activity declared of public interest by law, in protection of the highest patrimonial interest of the community.

Received: 15. August 2021
Accepted: 16 October 2021

Downloads

Download data is not yet available.

Author Biography

Víctor Mora Delgado, MAGNALEX Abogados, Costa Rica

Abogado Consultor de Cooperativas de Ahorro y Crédito; Socio – Partner de MAGNALEX Abogados; Miembro Comisión Derecho Cooperativo del Colegio de Abogados de Costa Rica.

Published
2022-05-18
How to Cite
Mora Delgado, Víctor. 2022. “Regulation, Supervision and Oversight of Credit Union Organisations”. Deusto Estudios Cooperativos, no. 19 (May), 75-93. https://doi.org/10.18543/dec.2394.
Issue
No. 19 (2022): El Cooperativismo en Costa Rica
Section
Articles

The authors, by submitting their manuscripts to the Deusto Estudios Cooperativos (DEC), accept the conditions listed below on copyright and undertake to comply with them. They do not sign any document of assignment of rights to the Publisher.

1. Authorship: The author must be the sole creator of the work or legally acting on behalf of and with the full agreement of all the authors.

2. Copyright and Code of conduct:

a) Authors warrant that their work is original; has not been previously copyrighted or published in any form; is not under consideration for publication elsewhere; its submission and publication do not violate the Ethical Guidelines of DEC  and any codes (of conduct), laws or any rights of any third party; and no publication payment by the Publisher (University of Deusto) is required.

b) Authors grant to the Publisher the worldwide, sub-licensable, and royalty-free right to exploit the work in all forms and media of expression, now known or developed in the future, for educational and scholarly purposes.

c) Authors retain the right to present, display, distribute, develop, and republish their work to progress their scientific career provided the original publication source (DEC) is properly acknowledged.

d) Authors warrant that no permissions or licences of any kind have been granted or will be granted that might infringe the rights granted to the Publisher.