Capital Requirements for Federally Regulated Mortgage Insurers - Draft

OSFI is issuing for public consultation the draft Advisory: Capital Requirements for Federally Regulated Mortgage Insurers (the “Advisory”).

The Advisory, along with Guideline A - Minimum Capital Test, will provide the framework within which the Superintendent will assess whether a mortgage insurer maintains adequate capital. The Advisory will replace the current Advisory: Interim Capital Requirements for Mortgage Insurance Companies on January 1, 2017.

Interested parties are invited to provide comments on or before October 21, 2016.