Regulator should refrain from always being among the first to adopt new international regulatory standards
The proposals are consistent with the provisions set out at the global level by the Basel Committee on Banking Supervision
The change is intended to accommodate the October year-ends of Canada’s big banks
The guideline calls for firms to integrate operational risk management fully within their overall risk-management programs
Federal regulator offers feedback on banks’ ICAAP submissions
Proposals out for comment until Sept. 4
Comments due by Sept. 4
Outcome of MCT guidelines in line with expectations
Regulators to work together to monitor banks’ compliance with derivatives data reporting
Jamey Hubbs named assistant superintendent, deposit-taking supervision sector