Office of the Superintendent of Financial Institutions
OSFI is releasing the final version of its Guideline B-6 – Liquidity Principles for implementation on January 1, 2020. Guideline B-6 sets out OSFI’s expectations around the management of liquidity risk for banks, bank holding companies and federally regulated trust and loan companies. Together with the Liquidity Adequacy Requirements Guideline, which outlines a set of quantitative liquidity standards and metrics, it forms the framework under which OSFI assesses the liquidity adequacy of the institutions it supervises.
The changes incorporated to the guideline aim to ensure that it remains current and relevant as well as appropriate for the scale and complexity of institutions. In addition, as a result of OSFI’s supervisory assessments, the updated guidance includes additional clarity on OSFI’s expectations regarding institutions’ liquidity risk management practices.
The appendix provides a summary of comments received from the public consultation and outlines OSFI’s responses. We thank those who participated in the consultation process.
Questions concerning the guideline can be sent to Robert Bélanger, Senior Analyst, Capital Division, by email at email@example.com.
Assistant Superintendent, Regulation Sector