Osgoode Hall Law School Professor Poonam Puri has been appointed by Ontario’s Minister of Finance as the expert adviser to assist with the review of the Credit Unions and Caisses Populaires Act, 1994. Credit unions and caisses populaires are member-owned financial institutions that accept deposits and provide loans and other financial services to their members.
The Ministry of Finance announced in October that the review, which takes place every five years, will include consultations across the province to seek input from the public on ways to strengthen the regulatory framework, protect consumers and enable credit unions and caisses populaires to continue to meet the needs of their members. Parliamentary Assistant Laura Albanese has been appointed to lead the review and submit final recommendations by the fall of 2015.
Puri, who is director of the Business Law LLM at Osgoode Professional Development, is an expert in corporate governance, corporate law, securities law and financial regulation. She was the associate dean of research, graduate studies and institutional relations at Osgoode from July 2011 to September 2013. She then took on the role of associate dean until July 2014. She was also co-director of the Hennick Centre for Business and Law, a joint initiative of Osgoode and the Schulich School of Business at York University, a position she held from July 2008 to June 2013.