Regulation and Guidance

OSFI provides a regulatory framework of guidance and rules that meets or exceeds international minimums for financial institutions. In addition to issuing guidance, OSFI provides input into the development of federal legislation and regulations affecting federally regulated financial institutions (FRFIs), and comments on accounting, auditing and actuarial standards development, and determines how to incorporate them into our regulatory framework. OSFI also participates in a number of international and domestic rule-making activities.