Lobbying Activity Report

3243-2685

Organization: Aldergrove Credit Union
Associated registration: 6383-3243-1
Lobbying Activity date: 2020-06-09
Arranged a meeting: No
Posted date: 2020-09-15

In-house lobbyists who participated in the lobbying activity: Gus Hartl
Senior Public Office Holders who were lobbied in this activity: Chris Elgar, Vice President and Deputy Super Intendant
BC Financial Services Authority

Blair Morrison, Chief Executive Officer and Chief Statutory Officer
BC Financial Services Authority
 
Subject Matter of the Lobbying Activity
Specific Topics of Lobbying Communications Intended Outcomes Associated Subject Matters
Thom Meyer, VP, Finance at Aldergrove Credit Union is lobbying, on behalf of a group of BC credit union's, with BC Financial Services Authority (BCFSA), regarding the structure they mandated for Mandatory Liquidity Pool (MLP) segregation. They are lobbying for a flexible transition as there is significant risks associated with the transition. These risks are related to valuation, tax, and general operating risk given COVID-19 - deferrals, delinquencies and other impacts on earnings and cash flow, interest rates spread and stress on credit union treasury staff.
  • Development, establishment, amendment or termination of any program, policy, directive or guideline of the government of British Columbia or a Provincial entity
 Financial Institutions
 
Senior officer who filed this Lobbying Activity Report: Gus Hartl
 
The above name is that of the most senior paid officer who is responsible for filing a Lobbying Activity Report for the organization (the Designated Filer), whether that person participated in this lobbying activity or not.
Date Modified: