Save the date: OSFI’s fourth Quarterly Release Day and Industry Day of 2026
Technical advisory - Ottawa -
On November 19, 2026, we will share updates on our regulatory releases and announcements during our Quarterly Release Day. These updates support top risks identified in our Annual Risk Outlook 2026-2027.
Join our virtual Industry Day two weeks later, on December 3, 2026, to engage directly with OSFI experts. This is your opportunity to ask questions and share feedback on our regulatory releases and announcements this quarter, and more.
Quarterly Release Industry Day event and registration details
- Date: Thursday, December 3, 2026
- Time: 1:00 p.m. to 3:40 p.m. ET
- Location: Virtual
Register by 12 p.m. ET on December 2. The same webcast link will be used for all sessions, giving you flexibility to attend the session(s) that interest you.
All sessions will be available in both official languages through simultaneous interpretation.
After registering, you will receive an email from support@webcastcanada.ca. This a confirmation to save to your records. If you do not receive this email, please check your "junk" folder.
Register by 12 p.m. ET on December 2
Thursday, December 3, 2026, detailed agenda
1:00 p.m. – 1:05 p.m.
Welcome and Logistics
All presentations will begin at the assigned time. Should a session end early, we will break and the next session will begin as scheduled. This agenda is subject to change.
Arwen Vesely
Manager
Stakeholder Affairs
1:05 p.m. – 1:10 p.m.
Opening remarks
Jing Yang
Deputy Superintenent
Risk, Strategy and Policy
1:10 p.m. – 1:25 p.m.
Final Pillar 3 Disclosure Guidelines for Interest Rate Risk in the Banking Book (IRRBB)
Learn about OSFI’s final Pillar 3 IRRBB disclosure guidelines, including the key changes made following consultation. The session will cover how the final approach supports transparency, proportionality and competition, and when the new expectations take effect.
Kenneth Leung
Managing Director
Accounting Policy Division
Xavier Blais
Senior Advisor
Accounting Policy Division
1:25 p.m. – 1:40 p.m.
Covered Bond Limit Consultation
This session will explore OSFI’s proposed revisions to the Covered Bond Limit Guideline and how they aim to support competition and institutions’ evolving funding needs while maintaining strong prudential safeguards.
Kelly Broderick-Sander
Specialist
Banking Capital and Liquidity Standards
1:40 p.m. – 2:25 p.m.
Draft Capital Adequacy Requirements (CAR) Guideline 2028
This session will provide an overview of proposed changes to the draft Capital Adequacy Requirements (CAR) Guideline 2028. OSFI will explain how these changes intend to reduce unnecessary complexity while maintaining strong capital standards and financial resilience.
Mark Joshua
Director
Banking Capital and Liquidity Standards
2:25 p.m. – 2:35 p.m.
Break
2:35 p.m. – 3:05 p.m.
Credit Risk Management – What We Heard Consultation Report
This session will provide a summary of what we heard during the Credit Risk Management (CRM) Guideline consultation and provide an update on OSFI’s next steps. This session is particularly important for financial institutions involved in mortgage and commercial real estate lending.
Vlasios Melessanakis
Managing Director
Guidance Development and Standards Division
3:05 p.m. – 3:20 p.m.
Targeted amendment to Guideline B-10 for consumer-driven banking
The session will cover OSFI’s targeted amendment to Guideline B-10 and what it means for institutions and entities participating in consumer-driven banking. It will explain how institutions should rely on Government of Canada accreditation of participating entities and clarify their responsibilities for managing residual operational resilience, data integrity, and cyber risks.
Vlasios Melessanakis
Managing Director
Guidance Development and Standards Division
Josh Lattimore
Senior Advisor
Guidance Development and Standards Division
3:20 p.m. – 3:35 p.m.
Insights from the 2026 Climate Risk Returns
With broader reporting coverage in the second cycle, OSFI now has a more comprehensive view of climate-related exposures across federally regulated financial institutions.
This session will discuss key findings on physical and transition risk, how OSFI is using the data to support risk-based supervision, and the updated Climate Risk Returns.
Javinder Sidhu
Managing Director
Catastrophic Risk Division
3:35 p.m. – 3:40 p.m.
Closing remarks
Arwen Vesely
Manager
Stakeholder Affairs