Search
Search results
Pension plan examinations conducted by OSFI (November 2016)
… of a pension plan (e.g. plan administration, asset management, communication to members), or that there is … involve a review of the plan administrator’s risk management function, which includes controls and oversight, …
OSFI’s annual report under the Fighting Against Forced Labour and Child Labour in Supply Chains Act
… Embedding responsible business conduct into policies and management systems Additional information on OSFI’s policies … 1, 2023, amendments to the Treasury Board Directive on the Management of Procurement require contracting authorities … leasing Professional, scientific, and technical services Management of companies and enterprises Administrative and …
Speech by Superintendent Peter Routledge at the Economic Club of Canada 2025
… liquidity ratios, if I have concerns about its cyber risk management, third-party risk management, the integrity of its leaders, the security of its … directors of Canadian financial institutions who oversee management each and every day. In fact, in the 4.5 years that …
Superintendent Routledge participates in a fireside chat at Reuters Future of Insurance event
… these risks in institutions' business strategies and risk management frameworks. Guideline B-15, the Standardized …
Gender-based analysis plus for 2022-2023 Departmental Plan
… or potential biases, or systemic barriers in OSFI’s people management, recruitment and promotion processes. Examination … of DEI related corporate commitments into performance management agreements for all employees Execution of a …
Unauthorized use of the word “bank”
Unauthorized use of the word “bank” Sanctions Type of publication: Ruling Issues: The issues were whether a not-for-profit investment entity (the applicant) could adopt a name that included the word “bank”, or its French-language equivalent “banque” , and …
Changes at the Executive Level
… to the changing risk environment. He will supervise the management of approvals, compliance and interpretation of … coordinated approach to strategic stakeholder relationship management. Mr. Yalkin comes to us from Health Canada where … at Treasury Board Secretariat, in expenditure and people management, Health Canada, in product safety regulation, and …
OSFI announces interim approach to cryptoassets
… interim approach helps ensure that FRFIs adopt sound risk management policies and practices concerning their …
The Starling Compendium — In Focus interview with Superintendent Peter Routledge
… OSFI’s recently released consultation on culture risk management contemplates related disclosures to support … why we are not seeing as robust a trend at the senior management level at those same institutions. As the Board is … and reinforce a culture of integrity and effective risk management at all levels. Our recent letter proposes issuing …
Guidelines and regulatory notices
Guidelines and regulatory notices The Office of the Superintendent of Financial Institutions (OSFI) uses a variety of tools to guide and oversee financial institutions in Canada. Two of the most important tools are Guidelines and Regulatory Notices . …
Financial Industry Forum on Artificial Intelligence: A Canadian Perspective on Responsible AI
… the conversation around appropriate safeguards and risk management in the use of Artificial Intelligence (AI) at …
Annual Risk Outlook – Semi-annual update – Fiscal Year 2025-2026
… principles on prudent underwriting standards, portfolio management, and account management practices. We are closely examining adherence to … measure and assessing mortgage lenders' VRMFP risk management practices. To specifically address concerns …
Summary of remarks by Peter Routledge at the National Insurance Conference of Canada
… of Financial Institutions’ (OSFI) work on risk management and crafting regulations that suit the evolving …
OSFI promotes financial institution resilience with a new version of its Large Exposure Limits guideline for Domestic Systemically Important Banks (D-SIBs)
… The guideline reflects current sound practices for the management of risks related to large exposures and provides … will ensure that Canada has up-to-date large exposure risk management guidance”, said Carolyn Rogers, Assistant …
OSFI releases fall update to the Annual Risk Outlook for 2024-2025
… reviews and monitor cyber resilience and third-party risk management of critical outsourced functions assess the impact … to decrease AI-related risks issue an updated Model Risk Management guideline in summer 2025 Quote OSFI will adapt and …