Credit Unions and Caisses Populaires
Public comment closed
Comment Due Date

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FSRA is consulting on proposed Resolution Planning Guidance. The Guidance applies to large credit unions with assets greater than $1 billion. 

The proposed Guidance sets out the principles of effective resolution planning 

It also describes how FSRA will assess whether credit union resolution strategies and plans meet the goals of: 

  • removing material barriers to effective resolution
  • contributing to public confidence in and the stability of the sector
  • providing members and consumers with insurance against the loss of deposits
  • ensuring the continuity of critical functions
  • minimizing exposure to the Deposit Insurance Reserve Fund (DIRF) to loss

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Sector Comment Date posted Sort ascending
Credit Unions and Caisses Populaires
[2021-026] Lloyd Smith - FirstOntario Credit Union

Credit Unions and Caisses Populaires
[2021-026] José Gallant - Alterna Savings

Credit Unions and Caisses Populaires
[2021-026] Bernard Brun - Desjardins
The Desjardins Group (“Desjardins”), on behalf of our various connected entities under FSRA’s regulatory responsibility , is pleased to respond to the request for comment on FSRA’s proposed Resolution Planning Guidance. We thank FSRA for its commitment to engaging the sector and welcome the opportunity to discuss our comments in greater detail.
Credit Unions and Caisses Populaires
[2021-026] Andrei Belik - Canadian Credit Union Association
Please find attached the CCUA submission to the consultation.
Credit Unions and Caisses Populaires
[2021-026] Stephen Bolton - Libro Credit Union
Please find attached our formal response to the FSRA consultation on Resolution Planning. We look forward to continued dialogue on this important guidance note.
No questions have been asked about this consultation yet.