Change Control Log (E3)

• Memo Item: Assets not included in Impaired Assets on which allowances have been established on a group basis.

• Report the Allowance for Impairment in three separate columns. Report individual allowance for each applicable line and in total only for the Group Allowance, Other and Country-Risk.

• A paragraph to the General Instructions.

• "Impaired Loans" changed to "Impaired Assets"

• Section 600 of the Bank Act (applies to Foreign Bank Branches)
• Additional information on disclosure

• Section 523 of the Bank Act is now Section 628

• Heading on the last column Impaired Loans changed to Impaired Assets.

• Ivation Data Systems Inc. to Beyond 20/20 Inc.

• Total Claims on Designated Countries table
• Memo Item - Impaired Claims on Designated Countries table
• Appendix I – Exposures to Designated Countries

• Instructions relating to Total Claims on Designated Countries
• Instructions relating to Memo Item - Impaired Claims on Designated Countries
• Instructions relating to Appendix I

• Address for OSFI Website

• Reference to Beyond 20/20

• 'Impaired Assets Net of All Allowances' column.

• Reference to 'Impaired Assets Net of All Allowances' column.

• Memo items on Foreclosed Assets Held for Sale
• Group Allowance, Country Risk

• On-balance sheet to recognized assets
• Off-balance sheet to unrecognized

• The return template copy has been deleted from these instructions and has been posted as a separate item on OSFI's website

• Numbering of each line item
• " * " and additional instructions under (b)(i) Residential

• Numbering of each line item
• 1. Mortgage loans – Residential* - Of which: Reverse mortgages and related instructions

• 1. a) Reverse Mortgages: Principal
• 1. b) Reverse Mortgages: Accrued Interest
• 1. c) Reverse Mortgages: Accrued Fees
• 1. d) Reverse Mortgages: Other Accrued Items
• 2. Reverse mortgages – Residential
• 2. a) Reverse Mortgages: Unpaid Taxes
• 2. b) Reverse Mortgages: Unpaid Insurance

• Column Collective Allowance for Individually Insignificant Impaired Assets
• Memo items lines 1(a) to (d) and 2(a)-(b)

Change:

• Carrying Amount to Net Impaired Amount
• Collective Allowance to Collective Allowance for Incurred but not Identified Credit Losses

Change:

• Return of Impaired Assets to Return of Allowances for Expected Credit Losses

Change:

• Impaired assets to allowances for expected credit losses
• Instructions under General Instructions

Add:

• Instructions under 3. Loans

• Instructions under 5. Other Recognized Assets
• Instructions under 6. Total
• Instructions under Memo Items

• Allowance for impairment to allowance for expected credit losses

Return template:

• Impaired Assets to Allowances for Expected Credit Losses

• Column Recorded Investment
• Column Individual Allowance
• Column Collective Allowance for Individually Insignificant Impaired Assets
• Column Collective Allowance for Incurred but not Identified Credit Losses
• Column Allowance for Impairment

• Column Recorded Investment under Stage I, II and III
• Column Individually Assessed Allowance under Stage I, II and III
• Column Collectively Assessed Allowance under Stage I, II and III
• Lines 2a) and b)
• Lines 3(i)(A), (B), (B)(I), (C), (C)(I)-(II), (D) and 3b)(i)(A)
• Columns Stage I, II and III Allowance under Memo Items
• Column Allowance for Expected Credit Losses under Memo Item 3

• Instructions under Purpose

• Instructions under Allowances for Expected Credit Losses

• Wording (individually and collectively assessed) under 6. Total

• Column Individually Assessed Allowance under Stage I, II and III
• Column Collectively Assessed Allowance under Stage I, II and III

Add:

• Column Expected Credit Losses under Stage I, II and III

Change:

• Stage I/II/III Allowance to Stage I/II/III Expected Credit Losses