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Company: Office of the Superintendent of Financial Institutions

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Bank skyscrapers in downtown Toronto

The federal regulator's plan identifies a variety of financial and non-financial risks

Ben Gully will succeed Carolyn Rogers as assistant superintendent, regulation sector

The revisions take effect Jan. 1, 2020

Young business people in board room meeting at the office

Guidance sets expectations for how big banks manage the risk of large exposures to other firms

Downtown office buildings Toronto

Regulator introduces new disclosure requirements for banks that have been deemed systemically important to Canada's financial system

Regulator calls on mortgage brokers to help borrowers avoid making bad decisions

Technology security concept. Modern safety digital background. Protection system

Advisory outlines which security incidents should be reported and when

Bank skyscrapers in downtown Toronto

Banking regulator hopes future changes to the buffer will be seen as normal

Toronto bank towers

The proposed rules will improve the accuracy of measuring banks’ exposures and lead to better decision making

Reforms would limit banks’ exposures to a single counterparty, or closely connected groups of firms