‘Reg-tech’ reduces barriers to co-op creation

23 June 2018

First 5000

The Business Council of Co-operatives and Mutuals (BCCM) has developed two new applications to its reg-tech constitution builder, so would-be co-ops can create correct legal governance structures for the three financial models used by co-ops – distributing, non-distributing, and non-distributing with shares.

The BCCM developed the constitution builder for the federally funded Farming Together program but it can be used for a wide range of other industries, services and applications.

“BCCM’s experienced industry associates have been delivering expert technology solutions for co-operative development since 2016, and this latest application rounds out our reg-tech co-operative governance tools,” said BCCM CEO Melina Morrison.

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