The economic impact of the transition to a low-carbon economy may be "sharply negative, at least for some time"
Revisions to operational risk capital requirements pushed to 2022
The goal is to improve preparedness and resilience to financial risks and to ensure capital and liquidity rules remain appropriate for smaller organizations
The new domestic stability buffer is 2.25%, effective April 30
Elevated risks to the banking system include high levels of indebtedness and global trade tensions
Updated guidance takes effect Jan. 1, 2020
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
OSFI's performance review suggests industry generally pleased with regulator's oversight
Sanjiv Talwar will become the agency's new assistant superintendent, risk support sector