Episode 43: How Grassroots Advocacy and Global Support Stopped a Burdensome Regulation in the Cayman Islands

When the Cayman Islands' Ministry of Finance in August proposed a new $200,000 annual registration fee for the country's only credit union, Cayman Islands Civil Service Association Credit Union (CICSA) Limited CEO Patricia Estwick immediately mobilized employees, board directors and members, while also enlisting assistance from the Caribbean Confederation of Credit Unions (CCCU) and World Council of Credit Unions (WOCCU) International Advocacy team to stop it. Patricia Estwick and CCCU General Manager Denise Garfield join us for Episode 43 of The Global Credit Union Podcast to discuss how they successfully challenged this burdensome proposal through a combination of grassroots advocacy and global support.