Model Risk Unstructured Regulatory Return (OSFI947)

Model Risk Unstructured Regulatory Return (OSFI947)

Purpose

This return supports the monitoring of credit risk model performance by providing quarterly monitoring supplemental information.

Statutory

Section 628 of the Bank Act.

Application

This return applies to all Banks accredited to apply the Internal Ratings Based Approach for regulatory capital purposes.

Frequency

Quarterly

Contact Person

For all return-related questions, contact Returns Admin (RA-RRS.Support@osfi-bsif.gc.ca).

Reporting Dates

The return must be completed on a quarterly basis and filed within 30 days of fiscal quarter end.

Where to Submit

OSFI

General Instructions

For the supplemental information requested per reporting quarter, please refer to the list distributed by OSFI at the end of each quarter.

Technical Notes

The Model Risk Unstructured Regulatory Return can be submitted through the Regulatory Reporting System (RRS) by uploading a zip file.