While some credit unions are trying to comply, it is sad to note that non-compliance is still a wide spread problem in many credit unions. Some examples of areas for compliance include submission of timely audited financial statements and reports, holding of annual general meetings, proper election of officer bearers and paying your dues to the Solomon Islands Credit Union League (SICUL).
The increase in the intensity and frequency of extreme weather events has obvious, and major, social, as well as economic, consequences. Central banks and supervisory authorities, international institutions and market participants have therefore been paying significant and increasing attention in recent years to developing a better understanding of the implications of climate change for the financial sector and financial stability.