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Recognition of Hedge Contracts in the Determination of the Segregated Fund Guarantee Capital Requirement for Life Insurance Companies
… may wish to implement, for their own internal risk management purposes, forward- looking strategies that involve … a hedge position, hedge contracts that the company’s risk management policy states would be entered into contingent … the occurrence of particular future events, or any form of management action subsequent to the valuation date. Explicit …
Pillar 3 Disclosure Guideline for Small and Medium-Sized Deposit-Taking Institutions (SMSBs) (2025)
… practices covering their financial condition and risk management activities that are at a level of detail … facilitating the transparency of SMSBs’ risks and risk management, and the level of resources required of SMSBs to … be described, together with the corresponding responses by management. The level of detail of such disclosure should be …
Assessment of Regulatory Capital Models for Deposit-Taking Institutions
… of the model's integration into the institutions' risk management practices. Operations: an assessment of the … and/or the Guideline E-23 "Enterprise-Wide Model Risk Management for Deposit-Taking Institutions". These four … – the capital model is relevant to risk measurement and management of the risks in the business (i.e. fit for …
OSFI’s Near-Term Plan of Prudential Policy for Federally Regulated Financial Institutions and Federally Regulated Private Pension Plans
… plans (FRPPs) that sets prudential expectations for their management and mitigation of risk. OSFI’s Strategic Plan … legislative and reporting requirements, and sound risk management practices. OSFI guidance may take a number of … has divided its guidance priorities into four streams Risk Management Guidance for FRFIs and FRPPs , Risk Management …
OSFI issues final Guideline B-15 and responds to consultation feedback
… (OSFI) publishes final Guideline B-15 – Climate Risk Management , and its responses to draft Guideline B-15 … Guideline B-15 sets out expectations for the sound management of climate-related risks for federally regulated … a questionnaire to FRFIs to report on their climate risk management readiness. Letter Banks Life Insurance and …
2025 Life Insurance Capital Adequacy Test - Filing Instructions
… page. Original Signatures The Attestation of Senior Management on the Attestation page of the LCQ Return should … Repurchase Agreements / Securities Lending Grand Total Cash resources $75,000 - no data - no data $3,100 - no data … Page 50.300 – Market Risk: Real Estate Risk PV of Lease Cash Flows for Investment Real Estate should only include …
Derivatives Sound Practices – Letter (2015)
… also reflects current practices with respect to the risk management of derivatives activities. OSFI expects that the sophistication of an institution’s risk management practices and measurement techniques will depend … risk. OSFI agrees and the change had been made. Risk Management – P. 5 Greater clarity was requested with respect …
Letter to Industry – We are Updating Guideline B-15 for the Final CSSB Standards
… financial institutions in Guideline B-15 : Climate Risk Management. The updates reflect our commitment to ensuring … for on-balance sheet and off-balance sheet assets under management setting the implementation date to disclose Scope … for the off-balance sheet component of assets under management to fiscal year 2029 We will include these updates …
Pillar 3 Disclosure Guideline for Domestic Systemically Important Banks (D-SIBs) (2025)
… practices covering their financial condition and risk management activities that are among the best of their … be described, together with the corresponding responses by management. [Basel Framework, DIS 10.15] Disclosures should … be sufficiently flexible. They should reflect how senior management and the board of directors internally assess and …
A Blueprint for OSFI’s Transformation 2022 - 2025
… from identifiable sources. Climate change will alter the cash flows generated by some capital assets and occasionally … plans. As such, OSFI has been in the business of risk management for some time and our success reflects how well we … will be the expansion of OSFI’s own enterprise risk management (ERM) capabilities, including risk management …
The Use of Ratings and Estimates of Default and Loss at IRB Institutions
… to encourage institutions to improve their measurement and management of risk. Institutions may look to CAR for specific … requirements of CAR; namely, the credit approval, risk management, internal capital allocations, and corporate … operations and reporting, including reports to senior management and the Board of Directors. Most institutions rate …
Balance Sheet by Booking Location (Z4)
… worldwide. Instructions for rows Section I - Assets A 1 Cash and Cash Equivalents (a) Gold, bank notes, deposits with Bank of … (AUC), Assets under Administration (AUA) and Assets under Management (AUM) General Reported assets (AUC, AUA and AUM) …
Securities (B2)
… in this return conforms to the definitions of financial flow sector accounts detailed in the attached Definition of Financial Flow Sectors. This concept is also used in the Non-Mortgage … it and charges costs of production against revenue, management of the institution is relatively autonomous. Not …
Data Collection Modernization Initiative Progress Update and Upcoming Priorities
… Underpinned by robust project governance and project management In May 2025, the DCM implementation phase began. … applicable not applicable not applicable Technology Forum Management leaders across 3 sectors Late fall 2025 Banking, … ✓ True ✓ True ✓ True ✓ True ✓ not applicable Data Forum Management leaders of key institutions Early 2026 Banking …
AIRB Self-Assessment Instructions
… role and scope of work performed by risk and/or business management (as applicable) and internal audit in respect of … self-assessment process requires that risk and/or business management (as applicable) and internal audit provide the … of all work performed to date by risk and/or business management (as applicable) in respect of the institution’s …