June 17th - IFRS 9 & DICO Training
Presented by Deloitte LLP
IFRS 9 Financial Instruments brings fundamental change to financial instrument accounting as it replaces IAS 39 Financial Instruments. The IFRS 9 ‘Financial instruments’ model includes requirements on the classification and measurement of financial assets and liabilities. This new model is a single impairment model being applied to all financial instruments removing a source of complexity associated with previous accounting requirements.
Presented by Roman Sochaniwsky - Relationship Manager, Regulation and Risk Management
The Deposit Insurance Corporation of Ontario (DICO) is an Ontario Provincial Agency established under the Credit Unions and Caisses Populaires Act, 1994 . DICO’s role is to protect depositors of Ontario credit unions and caisses populaires from loss of their deposits. Deposit insurance is part of a comprehensive depositor protection program for all Ontario credit unions which is backed by provincial legislation.