Federal banking regulators are pushing back a couple of key policy initiatives that were scheduled to be released next week.
In a letter to industry firms, the Office of the Superintendent of Financial Institutions (OSFI) announced a couple of changes to its policy schedule ahead of its third-quarter release slated for Sept. 10.
Specifically, OSFI said that it is deferring the release of interest rate risk disclosure requirements to November, and pushing back the publication of draft guidance on liquidity principles until February 2027.
Earlier this year, OSFI proposed revisions to interest rate risk requirements, and related disclosures, which were expected to be finalized this month, and to take effect in 2027.
The revisions to the actual interest rate risk guideline are still slated to be issued next week, alongside various other policies — including capital and liquidity rules for crypto exposures, draft guidance on total loss absorbing capacity and the latest bank capital requirements.
The draft guidance on liquidity principles is now scheduled to be released Feb. 12 alongside the final liquidity adequacy requirements guideline — which sets out how banks are expected to manage liquidity risk.