OSFI Knowledge Centre
The OSFI Knowledge Centre holds information that explains OSFI’s role, activities, and impact on Canada’s financial system. Unpacking some of these core concepts helps Canadians to better understand how OSFI protects depositors, policyholders, and pension plan members, and supports financial system stability which is a cornerstone of Canadian economic prosperity.
The OSFI Knowledge Centre will be updated regularly with new content so keep checking in and learn more.
Capital (General)
Capital is essential to a bank’s health. It helps absorb losses, protects depositors, and supports trust in the financial system.
Common Equity Tier 1 (CET1)
CET1 is the core of a bank’s financial strength.
Guidelines and regulatory notices
Guidelines and Regulatory Notices help OSFI maintain strong oversight and protect the resilience of Canada’s financial system.
Life Insurance Capital Adequacy Test (LICAT)
LICAT is a key part of how OSFI keeps Canada’s life insurance sector safe and sound.
OSFI and FINTRAC
Learn about how OSFI and FINTRAC work together.
OSFI’s principles-based approach
OSFI’s principles-based approach promotes flexibility, resilience, and responsible risk management.
Risk-Weighted Assets (RWAs)
Risk-weighted assets are a way to measure how risky a bank’s assets are.
Understanding prudential regulation in Canada
Prudential regulation is a set of rules and oversight practices that help keep financial institutions safe and stable.
Who does OSFI regulate
OSFI regulates and supervises a wide range of financial institutions and pension plans across Canada.
Who OSFI works with to regulate Canada’s financial sector
OSFI works with a wide network of partners—both in Canada and globally—to regulate the financial sector.