Response: Not applicable
Explanation: OSFI is a prudential financial regulator, focused on financial stability and on the solvency, liquidity, and safety and soundness of federally regulated financial institutions (FRFIs) and private pension plans.
OSFI is one of the agencies under the Finance Canada Portfolio. In the context of its legislative and regulatory work, including statutory amendments and regulatory amendments, work is normally led by the Department of Finance where OSFI’s role in this regard is typically a supporting role to the Department of Finance.
As such, and given its mandate and restricted clientele, OSFI does not have a GBA+ implementation plan in place. |