We think it's appropriate. Certainly the regulatory standards that OSFI applies are a significant step up, probably, for most credit unions. So that will be a challenge for them.
On July 25th, 2012. See this statement in context.
On July 25th, 2012. See this statement in context.
July 25th, 2012 / 2:20 p.m.
President and Chief Executive Officer, Alterna Savings
We think it's appropriate. Certainly the regulatory standards that OSFI applies are a significant step up, probably, for most credit unions. So that will be a challenge for them.
See context to find out what was said next.