Treasury and the Northern Irish Department of Enterprise, Trade and Investment (DETI) are consulting on reforming the law relating to credit unions that operate in Northern Ireland. Currently, these credit unions cannot offer as wide a range of services as their counterparts in the rest of the UK or in the Republic of Ireland. The proposals look at ways of bringing NI credit unions within FSA’s scope. The preferred route is to bring them within FSA regulation (and associated compensation arrangements), while leaving legislative and registration functions within the Northern Irish Assembly and DETI. Consultation closes on 24 May.