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Market Conduct Code: Prepare for Upcoming Legislative Changes

Published Date: May 6, 2021

Credit union Boards have both general oversight responsibilities and specific responsibilities for ensuring the credit union’s adoption and implementation of the Market Conduct Code, as well as the credit union’s ongoing adherence to and compliance with the Code.

In Ontario and BC, implementation of the Code will be a legislative requirement which will be enforced in early 2022. In the Atlantic Region, regulators will expect meaningful implementation by credit unions in 2021.

To help your credit union get started with implementing the Code, we have developed a free 20-minute course that outlines the implementation responsibilities of senior management, and the implementation responsibilities of the Board per region. 

Contact clientsolutions@ccua.com to register your whole board and senior management team.

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