In this context, it is worth considering some of the forces that are shaping the future of financial services provision: Technology and behavioural disruption The pace of change across the financial services system is accelerating. Consumer demands, expectations and behaviours continue to change, presenting both challenges and opportunities for all financial service providers, including credit unions.
And second, even a CETA-like deal would most likely not mean far-ranging freedoms to provide financial services in the respective foreign jurisdiction – and thus force services providers to apply for comprehensive licenses in both jurisdictions.