OSFI’s policy releases and announcements schedule
The following schedule may be adjusted due to external factors causing us to reconsider the dates for the guidance impacted or supervision that has been revised. See Letter to industry - OSFI's revised policy plan on creating regulatory and supervision efficiency where we can and focusing our efforts where it counts for a more effective, forward-looking regulatory system.
Policy [P] – guidance requiring action, such as adhering to expectations or providing feedback to a public consultation process
Announcement [A] - for informational purposes
Second Quarterly Release 2026
- Quarterly Release Day: May 21, 2026
- Industry Day: June 4, 2026
| Policy [P] Announcement [A] |
Release | Banks | FBB | T&L | L&F | P&C |
|---|---|---|---|---|---|---|
| [P] | Draft Guideline B-2 (Large Exposure Limits) for Small and Medium-Sized Deposit-Taking Institutions (SMSBs) | True ✓ | True ✓ | True ✓ | no data | no data |
| [P] | Draft Liquidity Adequacy Requirements (LAR) Guideline (2027) | True ✓ | no data | True ✓ | no data | no data |
| [P] | Draft Internal Liquidity Adequacy Assessment Process Guideline | True ✓ | no data | True ✓ | no data | no data |
| [P] | Draft Pillar 3 Disclosures for Interest Rate Risk | True ✓ | no data | True ✓ | no data | no data |
| [P] | Draft Guideline B-12 Interest Rate Risk Management | True ✓ | no data | True ✓ | no data | no data |
| [P] | Draft Guideline Capital and Liquidity Treatment for Crypto-asset Exposures (Banking and Insurance) (2027) | True ✓ | True ✓ | True ✓ | True ✓ | True ✓ |
| [A] | Crypto-asset exposure disclosure notice | True ✓ | True ✓ | True ✓ | True ✓ | True ✓ |
Note: Future planned quarterly guidance releases and announcements will be published April 14, 2026, in OSFI's ARO Fiscal Year 2026-2027.
Third Quarterly Release 2026
- Quarterly Release Day: September 10, 2026
- Industry Day: September 24, 2026
| Policy [P] Announcement [A] |
Release | Banks | FBB | T&L | L&F | P&C |
|---|---|---|---|---|---|---|
| [P] | Final Capital Adequacy Requirements (CAR) Guideline (2027) | True ✓ | no data | True ✓ | no data | no data |
| [P] | Revised Implementation Note: Assessment of Regulatory Capital Models for Deposit-Taking Institutions | True ✓ | no data | True ✓ | no data | no data |
| [P] | Final Mortgage Insurer Capital Adequacy Test (MICAT) | no data | no data | no data | no data | True ✓ |
| [P] | Final Guideline Capital and Liquidity Treatment for Crypto-asset Exposures (Banking and Insurance) (2027) | True ✓ | True ✓ | True ✓ | True ✓ | True ✓ |
| [P] | Draft Guideline B-6 Liquidity Principles | True ✓ | no data | True ✓ | no data | no data |
| [P] | Final Guideline B-12 Interest Rate Risk Management | True ✓ | no data | True ✓ | no data | no data |
| [P] | Final Pillar 3 Disclosures for Interest Rate Risk | True ✓ | no data | True ✓ | no data | no data |
Fourth Quarterly Release 2026
- Quarterly Release Day: November 19, 2026
- Industry Day: December 3, 2026
| Policy [P] Announcement [A] |
Release | Banks | FBB | T&L | L&F | P&C |
|---|---|---|---|---|---|---|
| [P] | Draft Capital Adequacy Requirements (CAR) Guideline (2028) | True ✓ | no data | True ✓ | no data | no data |
| [P] | Draft Chapters of Credit Risk Management Guideline | True ✓ | no data | True ✓ | True ✓ | no data |
First Quarterly Release 2027
- Quarterly Release Day: February 12, 2027
- Industry Day: February 26, 2027
| Policy [P] Announcement [A] |
Release | Banks | FBB | T&L | L&F | P&C |
|---|---|---|---|---|---|---|
| [P] | Final Liquidity Adequacy Requirements (LAR) Guideline (2027) | True ✓ | no data | True ✓ | no data | no data |
| [P] | Final Guideline B-2 (Large Exposure Limits) | True ✓ | no data | True ✓ | no data | no data |