The Office of the Superintendent of Financial Institutions (OSFI) is pleased to announce that Laurence Frappier has assumed ...
The Bank of Canada (Bank) and the Office of the Superintendent of Financial Institutions (OSFI) are issuing this joint statement to provide clarity on the purpose and use of the Standing Liquidity ...
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On Wednesday, October 7, 2026, Peter Routledge, Superintendent of Financial Institutions, will participate in a fireside chat at the Global Risk Institute Summit 2026. The event brings together ...
The Memorandum to the Appointed Actuary (Memorandum) describes our expectations regarding the appointed actuary's report (AAR) on the valuation of actuarial and other policy liabilities for life, ...
These risks are difficult to predict, but they’ll affect most sectors of the economy to some degree. They can have an impact on a financial institution’s or pension plan’s soundness by driving ...
Today, we are publishing Guideline E-23 – Model Risk Management, which will take effect for all Federally Regulated Financial Institutions (FRFIs) on May 1, 2027. We published a draft revised ...
In April 2024, the Office of the Superintendent of Financial Institutions (OSFI) introduced a new way to assess risk in Canada's financial institutions: the Overall Risk Rating (ORR) system. This ...
This Quarterly Release highlights how OSFI is advancing smart oversight and regulatory efficiency. This approach targets material risks, streamlines requirements, and anticipates emerging risks. By ...
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