Search
Search results
OSFI’s Quarterly Release: continuing to advance smart, well-calibrated risk-taking
… guidance and is launching consultations on credit risk management as well as accountability for boards and senior … include: OSFI is consolidating existing credit risk management guidance for mortgage lending, commercial real … and key content areas. The resulting Credit Risk Management Guideline will align with international best …
Panel remarks by Assistant Superintendent Ben Gully at the C.D. Howe Institute via webcast, January 28, 2021
… financial institution resilience. By definition, the sound management of climate-related risks fits clearly within … if” analysis and is more likely to result in credible risk management responses. Consistent and credible public … our focus remains on preserving effective risk management at the institutions we oversee. We look at …
FIFAI II: A Collaborative Approach to AI Threats, Opportunities, and Best Practices, Workshop 1 - Security and Cybersecurity
… for financial institutions to adopt comprehensive risk management strategies to address the unique challenges posed … and discuss best practices and effective AI risk management strategies and learn how to build resilience into … identified the speed at which AI advancement outpaces risk management adaptation as the most significant. This was …
Investments – Financial services entity
… from outside Canada, had undertaken to provide portfolio management services to investment funds, proposed to … the subsidiary to be engaged in the provision of portfolio management services, an activity listed in the definition of … to the FB to assist it in the provision of portfolio management services to the FB’s customers, the investment …
Opening remarks by Ben Gully on the final report for the pilot project on climate risk scenarios
… of different climate pathways. They also help build risk management capability and awareness among the participating … opportunity to better understand the governance and risk management practices of participating institutions, and the … in scenario analysis moving forward to build greater risk management capability at institutions over time. OSFI will …
OSFI hosts second International Financial Regulators Chief Risk Officer Roundtable
… expertise and discuss key developments in financial risk management. Over the course of the two-day event, more than … to address the key challenges in the field of risk management. Discussions focused on supervisory and … related to third party risk, people risk and resource management. This year’s roundtable provided a valuable …
Opening remarks by Ben Gully on the final report for the pilot project on climate risk scenarios
… of different climate pathways. They also help build risk management capability and awareness among the participating … opportunity to better understand the governance and risk management practices of participating institutions, and the … in scenario analysis moving forward to build greater risk management capability at institutions over time. OSFI will …
Climate risks
… develop climate-related risk strategies and implement risk management practices. A guideline on climate risk management We’re helping prepare federally regulated … financial risks with Guideline B-15: Climate Risk Management . This will contribute to continued public …
2023 to 2027 Departmental Sustainable Development Strategy
… material risks, and the quality of its governance, risk management, and compliance. When we identify weaknesses, we intervene early and promptly by advising executive management, boards, and pension plan administrators so that … vision: Canadian FRFIs and FRPPs have mature climate-risk management practices and remain resilient against severe …
OSFI review of pension investments
… by pension plans having effective governance and risk management practices that keep pace with existing and … procedures and beliefs, as well as their investment risk management practices. PPPD staff worked closely with OSFI … and regulatory guidance on pension plan investment risk management. The review has enabled OSFI to develop a broad …
Superintendent Routledge participates in a fireside chat at the 2026 CatIQ conference
… moving forward. Moderator: What aspects of climate risk management should insurance companies focus on based on what … Peter Routledge: When it comes to climate risk management, our analysis clearly shows that P&C insurers have … Moderator: How does OSFI see its approach to climate risk management relative to peer regulators globally? …
Real estate secured lending
… when lenders grant loans to borrowers During the account management stage: throughout the life of the loan Guideline … Regulatory Notice - Reinforcing residential mortgage risk management practices (March 2024) Guideline B-20 – …
Chapter 1: About us
… delay monitor and evaluate risks and promote sound risk management by financial institutions and pension plans … a governance framework that is aligned with our risk management approach and three lines model. The internal … oversight for financial institutions and pension plans. Management Oversight Committee: Our central governance body …
Audit of Procurement and Contracting
… of procurement guidelines. Since the 2018-19 audit, management has undertaken multiple activities to review … review of procurement files. Based on these activities, management has undertaken several initiatives to improve … policies; and Implementation of audit recommendations and management action plans from the 2018-19 Audit of Procurement …
Artificial Intelligence in Finance requires specific safeguards: OSFI and GRI report - Explainability among key principles for gaining confidence in AI
… services industry highlighted how current AI risk management frameworks must adapt to remain relevant, … also improves fraud detection, enhances risk analysis and management, boosts operational efficiency, and improves … organization that defines thought leadership in risk management for the financial services sector. We bring …