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| Remarks by Superintendent Julie Dickson to the 2013 Financial Services Invitational Forum, Cambridge, Ontario, May 2, 2013
“OSFI’s Plan and Priorities attempt to convey the most important issues as we see them, and indicate where significant time will be spent by bank supervisors. The effects of low interest rates have set in motion sector-shaping forces to which we must pay attention. Cyber risk is another issue: Left unchecked, it could seriously impact banking operations. Effective governance and risk appetite statements will help banks determine acceptable and unacceptable risk exposures and to build systems and processes to keep them on track, so that Canadians can continue to enjoy a safe and sound financial system.”
Date Published:2013-05-02
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