Clearly there are different levels of risk attached to different types of activity that credit unions carry on. The regime could be designed to take account of these different levels of risk. It will need to be sufficiently flexible to accommodate the position of small credit unions while at the same time responding effectively to the situation of large ones.
The larger credit unions are likely to engage in a wider range of activities, many similar to those provided by the commercial banks. This will expose them to greater risk and a higher level of supervision. If smaller credit unions are engaging in risky activities, they should also be subject to the more robust supervisory framework.