Regulator calls on plans to consider implications of market downturn
OSFI survey finds areas of weakness
Gary Walker has been appointed assistant superintendent, corporate services sector, the Office of the Superintendent of Financial Institutions announced Monday.Walker was senior director, human resources and administration at OSFI. Prior to joining OSFI in 2002, he held a number of senior-level corporate services positions in both the private and public sectors with such companies as […]
The Office of the Superintendent of Financial Institutions is revising guidelines to accommodate accounting rule changes regarding financial instrument disclosure.As a result of this new accounting standard, OSFI is considering making consequential amendments to certain guidelines to ensure they are consistent with the disclosure requirements and terminology of the new standard. OSFI is not adding […]
Room for improvement in developing regulations and guidance
More capital required to support complex securitization exposures
Market turmoil moves regulator to update rules
Financial institutions told to consult regulator before using capital to buy back shares
The Office of the Superintendent of Financial Institutions has issued a letter to federally regulated financial institutions regarding their progress to the transition to International Financial Reporting Standards (IFRS).In the letter, OSFI notes that all federally regulated financial institutions will be required to submit semi-annual reports detailing the progress being made to the move to […]
Report from FATF analyzes the methodologies that proliferators and facilitators use