During 2015-2016, OSFI communicated its plans and activities to a wide range of stakeholders via its website and other means. As in previous years, OSFI received many requests to address external conferences and events. The Superintendent and senior OSFI officials delivered presentations across Canada and internationally.
OSFI began using webcast information sessions as a means of providing two-way communication with stakeholders. This format has been very well-received and OSFI will be looking to expand its use of this tool moving forward.
OSFI’s external newsletter, The Pillar, was published four times in 2015-2016. It updates stakeholders on the latest guidelines, notices, public statements, and other pertinent information.
Throughout 2015-2016, OSFI communicated with interested Canadians, including members of the general public, industry, regulators, legislators and the news media, as follows:
OSFI’s Information Management and Information Technology (IM/IT) priorities in 2015-2016 included a focus on strengthening OSFI’s cyber security posture and the Office’s privacy/information management program. A multi-year project to deliver a new electronic document and records management system to OSFI continued and has successfully moved corporate services staff over to the new system, with the remaining staff scheduled to onboard in 2016-2017. An Outcomes Management policy is now in full effect for IT projects. This ensures that the investments made on technology renewal over recent years achieve value for money and realize expected benefits. Finally, work advanced as planned to assess suitable technologies for a new system to enable supervisory processes and support associated activities. This multi-year project will launch in 2016-2017, with the procurement of the technological solution and an experienced external service provider.
To achieve its strategic outcomes, OSFI’s priority is to have a high-performing and effective workforce.
In 2015-2016, a number of priorities were identified through the Human Resources (HR) planning process and the following actions were taken to support OSFI’s strategic outcomes.