Standards and Guidelines
DICO insured institutions are required to operate in accordance with sound business and financial practices to protect the interest of their members, depositors and stakeholders.
In fulfilling its mandate under the Act, DICO has established robust risk management programs. These incorporate a number of publications and tools to assist insured institutions in implementing and maintaining appropriate risk management practices in accordance with the standards outlined in DICO By-Law No. 5 ↗.
The Reference Manual ↗ provides best practices for each of the standards of By-law No. 5.
Workbooks have also been published to help insured institutions assess their compliance with the standards in By-law No. 5. Annually, each insured institution is required to confirm that it is in compliance with the standards.
A Guideline and Guidance notes have been published to supplement the Reference Manual for higher risk areas surrounding lending.
The Director's Handbook ↗ and The Audit Committee Handbook ↗ have been specifically designed to assist directors in undertaking their legal responsibilities under the Act and in helping ensure that their credit union remains strong and successful.
For Insured Institutions ONLY:
Deposit Insurance Advertising & Pre-Approved Advertising Messages
DICO established advertising standards and developed pre-approved messages to help credit unions and caisses populaires when producing advertising materials and to reduce the need to obtain specific approval for advertising messages.
Further information is available in the secured part of our website.