The Financial Services Commission of Ontario regulates registration of credit unions and caisses populaires under the Credit Unions and Caisses Populaires Act, 1994 (CUCP Act).

On October 1, 2009, the new amendments to the CUCP Act came into effect. A new General Regulation under the CUCP Act also came into force on the same date. New Cost of Borrowing and Disclosure to Borrowers requirements will take effect on October 1, 2010.

The changes enhance consumer protection and update and streamline regulations. The amendments have the effect of transferring many statutory responsibilities from the Financial Services Commission of Ontario (FSCO) to the Deposit Insurance Corporation of Ontario (DICO). Many administrative responsibilities are being transferred from regulators (FSCO and DICO) to credit unions and caisses populaires also.

Visit the Consumer web page:

• To learn about changes to the Credit Unions and Caisses Populaires Act, 1994
• To view a list of closed credit unions or caisse populaires
• To view a list of merged credit unions or caisse populaires
• For frequently asked questions
• To learn more about FSCO
• For a link to DICO's website

Visit the Industry web page:

• To learn how to register a credit union or caisse populaire
• To find out how to comply with the Credit Unions and Caisses Populaires Act, 1994 (CUCP Act) and its regulations
• To check if a credit union or caisse populaire is registered with FSCO
• For frequently asked questions
• To learn more about the CUCP Act and Regulations
• For enforcement activities
• For a link to DICO's website