Ontario credit unions and caisses populaires are regulated by the Credit Unions and Caisses Populaires Act, 1994. It sets out the Financial Services Regulatory Authority of Ontario's (FSRA’s) objectives, powers and duties, along with general terms for deposit insurance and other governing parameters.

Credit unions are also expected to adhere to periodically issued guidance notes that outline sound business and financial practices. At FSRA, we ensure compliance through our prudential regulation activities. [link to 2.4]

Relevant legislation

Current guidelines

Capital adequacy guideline (2013)
(Provides current information on capital adequacy for Ontario’s credit unions.)

As the regulator of Ontario’s credit union and caisses populaires sector, FSRA is here to help guide you through all regulatory processes. If you require assistance contact us.