Carolyn Rogers currently serves the CEO of British Columbia’s Financial Institutions Commission
OSFI official says regulator will focus on “risk culture” at financial firms
The proposed changes would apply to federally regulated banks that use internal ratings-based approach to credit risk
Technology, environmental, and social issues, will pose ongoing challenges for the industry
The new guideline will replace the existing life insurance capital test guideline
Action intended to protect depositors and creditors after German regulator shuts down bank
The draft guideline sets out the federal banking regulator’s expectations for disclosure of credit and market risk under Basel III
Revised requirements will be tied to housing prices and household debt levels
Guideline takes effect on Jan. 1, 2016
Updated rules aim to improve regulatory transparency for life insurers