Regulator issues initial guidance targeting financial firms' climate risk management, governance
New appointments at National Bank of Canada, Foresters Financial and Sagicor
Macro slowdown and emerging-market sovereign downgrades loom over ratings
A variety of announcements were made
IAIS process for addressing systemic risk replaces FSB's annual exercise
Covid-19 is so "unpredictable," the group says
OSFI, FCAC, CDIC call out firms' conduct, prudential responsibilities
Search for yield has boosted insurers' exposure to lower-rated bonds
Inflation is less of a concern in the life insurance sector, report says
Risks tilted to the downside, even as positive rating action outpaced negative in Q2