Office of the Superintendent of Financial Institutions
OSFI expects deposit-taking institutions to have a liquidity risk management framework that allows them to maintain sufficient liquidity to withstand a stressed environment. To support this objective, OSFI is issuing proposed revisions to four chapters of the Liquidity Adequacy Requirements (LAR) Guideline. The guideline has also been revised to ensure its liquidity metrics remain sound and prudent in an environment where certain funding sources exhibit higher risk of withdrawal. OSFI is targeting implementation of the proposed revisions for January 1, 2020. Comments should be provided no later than March 15, 2019.