OSFI’s Implementation timeline for the Net Stable Funding Ratio

The international implementation date for the Net Stable Funding Ratio (NSFR) is set for January 1, 2018.   Given the international activities of many Canadian institutions, the implementation of the NSFR guidance in Canada is impacted by the timing of implementation in foreign jurisdictions. At this time, it is uncertain that key foreign markets will implement the standard by the January 2018 deadline.  Therefore, OSFI is notifying Canadian deposit-taking institutions that it intends to extend the domestic implementation timeline of the NSFR to January 2019.