
Credit union financial reporting standards in BC are too low and out of date. The standard should be higher in light of consolidation and technological change.
Credit union financial reporting standards in BC are too low and out of date. The standard should be higher in light of consolidation and technological change.
CSCU proposes a new hybrid capital structure, with almost no rationale and with no discussion of the pros and cons.
The C1 proposals serve the interests of larger credit unions, in the way risk would be redistributed and the way political power concentrated.
SaskCentral has sold its 84% interest in Concentra Bank to the Equitable Bank Group. Is it a good deal for the mid-size and smaller credit unions of Canada that been the primary clients of Concentra?
The BC Financial Services Authority (‘BCFSA’) has completed its first full year of operation and reported out. It is time for credit unions to assess how well the new regulatory regime works.
Classic or community-based credit unions are under stress. Leadership is needed to take on the challenges.
The failure of MEC is the result of a perverse definition of success, also taken up by credit unions.
How do credit unions address their members’ loss of privacy? Huge datasets have been aggregated and turned into proprietary treasures – at Google, Facebook, Amazon, etc.. What is in the member’s best interest?
When managing risk & uncertainty, statistical models are no substitute for cautious, reasoned judgement.