Progress on our initiatives
The Blueprint and the 2022-2025 Strategic Plan guide our overall priorities and activities during our multi-year transformation. In these plans, we outline 6 pillars that support our transformation:
- Risk, strategy and governance
- Data management and analytics
- Policy innovation
- Supervision renewal
- Strategic stakeholder and partner engagement
- Culture and enablers
We are transforming OSFI to ensure that we thrive in intensifying uncertainty so that the public’s confidence in a sound financial system remains unwavering. We’ve made good progress on a number of initiatives under these six pillars that will continue to move OSFI into the future.
Refining how we approach risk
Risk, strategy and governance: Our Risk Appetite Statement is the foundation for our decision making, operations, and infrastructure that meets a dynamic financial risk environment.
Modernizing how we collect data
Data management and analytics: Data is the foundation that guides our decisions.
Modernizing our policies and guidance
Policy innovation: The Policy Architecture Renewal allows us to rethink how we develop and apply our policies and guidelines.
Renewing our Supervisory Framework
Supervision renewal: We’re enhancing our supervisory practices by building tools to help with evolving risks.
Engaging our partners and stakeholders
Strategic stakeholder and partner engagement: Engagement with our stakeholders is critical to our effectiveness as an organization.
Building a diverse workplace
Culture and enablers: We want a workplace where we embrace differences, celebrate curiosity, and innovation.