Regulator strikes a balance, Le Pan says
Applications due by October 2
Appointment of independent member demonstrates strong commitment to ensuring the highest levels of governance
Nicholas Le Pan, head of the Office of the Superintendent of Financial Institutions for the past six years, told employees yesterday that he had tendered his resignation to Finance Minister Jim Flaherty on Tuesday. He intends to leave his job at OSFI, the federal government body charged with overseeing the banking and insurance sectors, on […]
Regulator encourages banks to begin disclosing information under Pillar 3
Ted Price has been appointed assistant superintendent, Supervision Sector, at the Office of the Superintendent of Financial Institutions.Price fills the vacancy created by the departure of John Doran, who is retiring after six years in the position.“Ted brings considerable experience to the job, acquired both inside and outside OSFI, and a comprehensive understanding of the […]
Four new members join committee
MCCSR advisory committee plans to develop and recommend changes to the current capital framework
Growing participation in foreign markets poses regulatory challenge
Asks industry associations to report on preparedness initiatives