Search
Search results
Stress Testing - Letter (2009)
… Stress testing should be embedded in enterprise wide risk management. A stress testing program as a whole should be … from the planning cycle reduces its effectiveness as a management tool. We clarified the requirement by eliminating …
Change Control Log (M4)
… 1997 Add: Liabilities side: Memo item #3, "Electronic Cash Cards" 2 November 1998 Add: Asset side: Memo item #3, … (AUC), Assets under Administration (AUA) and Assets under Management (AUM) (3) Mortgages and loans payable (5) Deposits … other items in transit 16 January 2013 Delete: (c) Total Cash and Cash Equivalents and related instructions (c) Total …
Large Exposure Limits
… self-assessment of risk. Recent reviews of credit risk management practices have shown that institutions are using … between borrowers; through ownership or common management, the entity controls, or is controlled by, another … in regards to operational, business, risk and crisis management policies. If you have any questions, please …
Guide for Continuing a Local Cooperative Credit Society as a Federal Credit Union
… financial support; and a description of the proposed management team. (ii) Submission of Phase-1 Information OSFI … Requirements (LAR) Guideline, including the Net Cumulative Cash Flow and Liquidity Coverage Ratio, for each year of the …
Substantial Investments - Appendix A.6
… investment diversification and professional investment management to the holders of their securities. In addition, … investment counselling services; providing portfolio management services; networking financial services; or acting … to whom the association may provide financial services; management, advisory, educational and certain other services …
Integrity and Security – Frequently Asked Questions
… E-17 on background checks, E-13 on regulatory compliance management, and our Corporate Governance guideline) Meet … security of branch records is critical. As well, branch management should undergo the necessary background checks. 7. …
Property and Casualty Large Insurance Exposures and Investment Concentration
… in regards to operational, business, risk and crisis management policies. II. Large Insurance Exposures Gross … to a Single Insurance Exposure; and Be reviewed by Senior Management of the P&C FRI, at a minimum, annually. Using … P&C FRIs should have policies with respect to the management of investment concentration, which include …
Large Exposure Limits for Domestic Systemically Important Banks – Guideline (2019)
… in regards to operational, business, risk and crisis management policies. II. Scope of Application This guideline … systems and processes will help to facilitate the active management of large exposures. Institutions should have … with other shareholders); if through ownership or common management, one counterparty controls, or is controlled by, …
2020-21 Departmental Results Report
… enhance their awareness of emerging risks and related risk management processes. Under this goal, in 2020-21 OSFI: … which are prepared on the appropriation (i.e., modified cash) basis of accounting, in accordance with the Guide to … OSFI is slightly under planned spending on the modified cash basis of accounting, total expenses in the financial …
Securities Lending
… Footnote 1 of the market value of the securities lent. Management is expected to ensure that the margin of … following assets, denominated in Canadian or U.S. dollars: cash; widely-traded debt instruments having a rating of … program; and reviewed regularly by appropriate senior management. The pension plan administrator should, at least …
Public consultation on guideline B-20: Residential Mortgage Underwriting
… restricting either the dollar value or count of the: Flow, or volume, of new mortgages underwritten; or, Stock of … restriction on high LTI lending, often referred to as a “flow limit” or “speed limit,” could support the policy …
OSFI technology and cyber incident report – Detailed instructions
… assessment online services payment and settlement wealth management insurance underwriting claims settlement human … incident root cause descriptions are as follows: Capacity management Issues arising from systems being overwhelmed due … Internal and external notifications Senior management notification Select from the drop-down list …
Superintendent Peter Routledge participates in a fireside chat at the 2025 Scotiabank Financials Summit
… strengthening the accountability of boards and senior management of financial institutions. We will continue to … is respected in every country, and trade continues to flow, not tariff-free, but the tariff levels across North …
Learn about how OSFI and FINTRAC work together
… in the Canadian financial system by: fostering sound risk management and governance practices through a regulatory … security, including foreign interference, and to advise management and the board of directors promptly of … including international electronic funds transfers, large cash transactions, large virtual currency transactions, …
Consequential amendments to Guidelines B-10 and B-13 related to foreign branches
… is publishing changes to Guideline B-10: Third-Party Risk Management and Guideline B-13: Technology and Cyber Risk Management. These changes clarify how those guidelines apply …