Office of the Superintendent of Financial Institutions
Read about the actions OSFI has taken in response to challenges posed by COVID-19.
Continue reading: Coronavirus (COVID-19) Updates
On May 13, Jamey Hubbs, Assistant Superintendent, Deposit-Taking Supervision Sector was interviewed by Sonia Baxendale, President and CEO of the Global Risk Institute as part of a webinar hosted by the Institute.
Continue reading: Summary of remarks by Jamey Hubbs to the Global Risk Institute
The current economic instability caused by the COVID-19 pandemic has raised questions around the world about how best to approach bank capital requirements and the resulting implications for bank dividend policies. This statement provides an overview of the existing regime in Canada.
Continue reading: statement
OSFI has set the Domestic Stability Buffer level at:
1.00% of total risk-weighted assets
The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks and insurers, trust and loan companies, as well as private pension plans subject to federal oversight.
About the Superintendent