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Company: Office of the Superintendent of Financial Institutions

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Toronto bank towers

Updated guidance takes effect Jan. 1, 2020

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The standard would impose capital requirements for long-term products that are too high, the office said

These mortgages are expected to have different default probabilities relative to traditional mortgages

Downtown office buildings Toronto

OSFI's performance review suggests industry generally pleased with regulator's oversight

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Sanjiv Talwar will become the agency's new assistant superintendent, risk support sector

Stacked white books on rules and regulations

The rules were last updated in 2012

Banking on a holistic approach

The regulator is seeking feedback on possible revisions to the capital regime

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Report finds Canada's banking system is compliant with global standards

Firms won't be required to apply margin requirements for amendments to existing derivatives

Canadian Financial Sector Resiliency Group will launch in August