Ontario credit union board of directors
Conference Objective: Develop relations between FSRA and Credit Union boards. Support and strengthen board directors’ understanding of principles-based regulation (PBR) and risk-based supervision (RBS), which have resulted in higher expectations and accountabilities for Credit Union boards.
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Time |
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8:30 am – 9:15 am |
Conference registration and breakfast |
9:15 am – 9:30 am |
Opening remarks (Mehrdad Rastan, Executive Vice President, Credit Union and Insurance Prudential) (see bio) |
9:30 am – 10:00 am |
Keynote by FSRA CEO – Principles Based Regulation and the Importance of Effective Board Oversight (Mark White, CEO) (see bio) |
10:00 am – 10:45 am |
Session 1 – Principles Based Regulation (Jordan Solway, Executive Vice President, Legal and Enforcement & Dr. Cristie Ford) (see bio) |
10:45 am – 11:00 am |
Networking and refreshment break |
11:00 am – 11:45 am |
Session 2 – FSRA’s Risk Based Supervision (Dan Oprescu, Head, Credit Union Prudential Supervision) (see bio)
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11:45 am – 12:30 pm |
Session 3 – Evidence-based Policy (Dan Padro, Director, Policy – Credit Unions, Insurance Prudential & Pensions and Bradley Hodgins, Director, Regulatory Initiatives and Knowledge Management) (see bio)
|
12:30 pm – 1:30 pm |
Lunch and networking break |
1:30 pm – 2:15 pm |
Session 4 – The co-operative Climate Action Plan (Benoit André, Executive Director, Co-operative Development Foundation of Canada) (see bio)
|
2:15 pm – 3:15 pm |
Session 5 – The Leader Character Framework – Part 1 (Bill Furlong and Mary Crossan) (see bio)
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3:15 pm – 3:30 pm |
Networking and refreshment break |
3:30 pm – 4:30 pm |
Session 6 – Case Study – The Leader Character Framework – Part 2 (Mary Crossan and Bill Furlong) (see bio)
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4:30 pm |
Conference end |
Resources and relevant links
Risk Based Supervisory Framework for Credit Unions (RBSF-CU)
Regulatory Compliance
- Legislation and Regulation
- FSRA Rules Page
- FSRA Guidance Page
- Deposit Insurance Advertising Rule
- Sound Business and Financial Practices Rule
- Capital Adequacy Requirements Rule
- Liquidity Adequacy Requirements Rule
- CUCPA
- FSRA Guidance Framework
- Residential Mortgage Lending Guidance
Supervisory Expectations
The Integrated Approach - Market Conduct Assessments
Supervisory Assessment Requirement Example
Guidance Development
FSRA Rules
FSRA Rules and Guidance
- Residential Mortgage Lending Guidance (2021)
- Liquidity Guidance (2021)
- Market Conduct Framework Guidance (2021)
- Recovery Planning Guidance (2021)
- Resolution Planning Guidance (2022)
- Risk Based Supervisory Framework Guidance (2022)
- Operational Risk and Resilience Guidance (2023)