Guidance library
As the regulator for federally regulated financial institutions and private pension plans, we set expectations for operating within the Canadian financial industry. You can find our current guidance in the following list. We also have a list of rescinded guidance.
For guidance on private pension plans, please see Administering pension plans.
How to use this list
You can search by using one or more of the filters. The more filters you use, the narrower your search.
The “keywords” filter will search page titles and content. For example, you can search by the guideline number (such as B-10).
Alternatively, learn how our guidance relates to our mandate.
| Date | Title | Sector | Publication type | Category |
|---|---|---|---|---|
| Life Insurance Capital Adequacy Test (2024) – Chapter 4 Credit Risk – Off-Balance Sheet Activities |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 5 Market Risk |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 6 Insurance Risk |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 7 Segregated Fund Guarantee Risk |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 8 Operational Risk |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 9 Participating and Adjustable Products |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 10 Credit for Reinsurance |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 11 Aggregation and Diversification of Risks |
|
Guideline | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (2024) – Chapter 12 Life Insurers Operating in Canada on a Branch Basis |
|
Guideline | Capital Adequacy Requirements | |
| Minimum Capital Test 2024 – Adjustments and clarifications |
|
Adjustments and clarifications | Capital Adequacy Requirements | |
| OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (2023) | Letter | Capital Adequacy Requirements | ||
| Updates to the Administrative Procedures for Late and Erroneous Filing Penalty Framework |
|
Letter | Sound Business and Financial Practices | |
| Domestic Stability Buffer - Decision Summary Note | Capital Adequacy Requirements | |||
| Capital Adequacy Requirements (CAR) - Guideline (2024) |
|
Guideline | Capital Adequacy Requirements | |
| OSFI upholds current LAR guideline treatment for HISA ETFs |
|
Letter | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 1 – Overview of Risk-based Capital Requirements |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 2 – Definition of Capital |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 3 – Operational Risk |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 4 – Credit Risk – Standardized Approach |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 5 – Credit Risk – Internal Ratings-Based Approach |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 6 – Securitization |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 7 – Settlement and Counterparty Risk |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 8 – Credit Valuation Adjustment (CVA) Risk |
|
Guideline | Capital Adequacy Requirements | |
| Capital Adequacy Requirements (CAR) (2024) - Chapter 9 – Market Risk |
|
Guideline | Capital Adequacy Requirements | |
| OSFI update on Canadian Dollar Offered Rate transition |
|
Letter | ||
| 2024 Capital Adequacy Requirements (CAR) – Letter (2023) |
|
Letter | Capital Adequacy Requirements | |
| Life Insurance Capital Adequacy Test (LICAT) 2024 - Letter (2023) |
|
Letter | ||
| 2024 Minimum Capital Test (MCT) – Letter (2023) |
|
Letter | ||
| OSFI’s response to Guideline B-20 initial consultation feedback on debt serviceability measures |
|
Consultation response | Sound Business and Financial Practices | |
| Parental Stand-Alone (Solo) TLAC Framework for Domestic Systemically Important Banks (D-SIBs) |
|
Guideline | Capital Adequacy Requirements | |
| OSFI finalizes its Solo Capital guideline and Solo Total Loss Absorbing Capacity (TLAC) guideline |
|
Letter | Capital Adequacy Requirements | |
| Letter to industry on OSFI’s next steps to implement new provisions of its mandate | Letter | |||
| Appointed Actuary: Legal Requirements, Qualifications and Peer Review – Guideline (2023) |
|
Guideline | Sound Business and Financial Practices | |
| Update to LAR guideline review for wholesale funding sources with retail-like characteristics | Letter | Capital Adequacy Requirements | ||
| Technology and cyber incident reporting | Letter | Supervisory Advisories | ||
| OSFI increases the level of the Domestic Stability Buffer by 50 basis points | Letter | |||
| Third-Party Risk Management Guideline |
|
Guideline | Sound Business and Financial Practices | |
| OSFI response to draft guideline B-10 consultation feedback – Third-party Risk Management | Letter | Sound Business and Financial Practices | ||
| OSFI’s Intelligence-led Cyber Resilience Testing (I-CRT) Framework |
|
Advisory | Sound Business and Financial Practices | |
| OSFI issues final Guideline B-15 and responds to consultation feedback |
|
Letter | ||
| Final updated guideline E-16 – Participating account management and disclosure to participating policyholders and adjustable policyholders – Letter (2023) |
|
Letter | ||
| Participating account management and disclosure to participating policyholders and adjustable policyholders – Guideline (2023) |
|
Guideline | Sound Business and Financial Practices | |
| Infosheet - Residential Mortgage Underwriting Practices and Procedures Guideline (B-20) |
|
Guideline | Sound Business and Financial Practices | |
| Increase of regulatory prudential limits related to investment, lending and borrowing for all Canadian Property and Casualty Federally Regulated Insurance Companies |
|
Regulatory and legislative advisory | Regulatory and legislative | |
| Revised OSFI Capital Ruling for Limited Recourse Capital Notes |
|
Letter | Capital Adequacy Requirements | |
| Assurance on Capital, Leverage and Liquidity Returns - Guideline (2022) |
|
Guideline | Accounting and Disclosure | |
| Assurance on Capital, Leverage and Liquidity Returns – Guideline at a glance (2022) |
|
Guideline at a glance | Accounting and Disclosure | |
| Final IFRS 17 Memoranda to The Appointed Actuary for FRIs | Letter | |||
| Guideline: Assurance on Capital, Leverage and Liquidity Returns |
|
Letter | Accounting and Disclosure | |
| Unwind of temporary leverage ratio exclusions, effective April 2023 |
|
Letter |