In addition to our regulatory framework, FSRA issues Guidance Notes, Applications Guides, Reference Manuals and other related materials to help credit unions understand our expectations.

Please note: the list below is organized by subject.

Internal Capital Adequacy Assessment Process (ICAAP)

Guidance Note: Internal Capital Adequacy Assessment Process (ICAAP) – Credit Unions with Total Assets Greater than $500 Million

Note: Considering the economic conditions associated with the COVID-19 pandemic, in June 2021 FSRA recommended credit unions include additional information in their reports, in addition to the requirements that are outlined in the Guidance Note. Please contact your FSRA Relationship Manager or Risk Analyst for more information.

Sector Release #83 - Liquidity and Stress Testing Guidance Notes and Tools

Sector Release #76 - Implementation of ICAAP and Stress Testing for Credit Unions with assets in excess of $500 million

Application Guide: Internal Capital Adequacy Assessment Process (ICAAP) for More Complex Credit Unions 

ICAAP Submission Template - Summary Key Metrics Report [XLSX]

Stress testing

Stress testing

Lending

Capital Treatment of Loans under the Federal Government Business Credit Availability Program

Guidance Note: Lending

Commercial Lending Policy Development Guide

Residential Mortgage Lending Guidance

Liquidity

Liquidity Templates

2021

2018-2020

Liquidity Guidance

Corporate governance

Guidance Notes, Corporate Governance, Accompanying Letter (2018)

Guidance Note: Corporate Governance for Board of Directors (2018)

Guidance Note: Corporate Governance for Audit Committee (2018)

Guidance Note: Corporate Governance for Management (2018)

Assessment Workbook: Corporate Governance for Board of Directors (2018)

Assessment Workbook: Corporate Governance for Audit Committee (2018)

Assessment Workbook: Corporate Governance for Management (2018)

Director training

Guidance Note: Director Training and Qualifications for Less Complex Credit Unions (2018)

Guidance Note: Director Training and Qualifications for Complex Credit Unions (2018)

Application Guide: Director Competencies for Less Complex Credit Unions (2018)

Application Guide: Director Competencies for Complex Credit Unions (2018)

Director training handbooks

Director's Handbook (2016)

Director Training, Director Candidate Information Guide (2012)

Director Training Self-Assessment Tool (2015)

Audit Committee Handbook (2016)

Enterprise risk management

Guidance Note: Enterprise Risk Management (ERM) for Complex Credit Unions (2018)

Enterprise Risk Management (ERM) Framework (2018)

Enterprise Risk Management (ERM) Application Guide (2018)

Investments

Guidance Note: Investments (2018)

Securitization

Guidance Note: Securitization (2018)

Application Guide: Securitization (2018)

Securitization Reporting Template [XLSX]

Structural

Guidance Note: Structural (Interest Rate) Risk (2018)

Others

Sound Business and Financial Practices Reference Manual

Decal Installation Guide

Request for Additional Brochures and Decals