The Financial Services Regulatory Authority of Ontario's (FSRA's) deposit insurance premiums are calculated through the differential premium score determination system (DPSD). The system offers credit unions a way to lower their premiums by reducing their risk profile.
The DPSD is based on two risk measures: capital and corporate governance. Assessment procedures and premium rates are reviewed annually to ensure the DPSD system is achieving its goal of reducing risk-taking behaviour in the sector.
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