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Opening remarks to the Standing Committee on Banking, Commerce, and the Economy on OSFI's role in banking
Opening remarks to the Standing Committee on Banking, Commerce, and the Economy on OSFI's role in banking Opening remarks: Superintendent, Peter Routledge Date: May 10, 2023 Good afternoon, Madame Chair and members of the Committee. Thank you for having …
Summary of remarks by Peter Routledge at Simon Fraser University
… to students, Mr. Routledge highlighted climate risk management. Climate change and the global response to the …
Memorandum to the Appointed Actuary (2024) – Letter
Memorandum to the Appointed Actuary (2024) – Letter August 22, 2024 To: All federally regulated insurers Subject: 2024 Memorandum to the Appointed Actuary We are issuing our 2024 Memorandum to the Appointed Actuary (Memorandum). The Memorandum …
OSFI issues updated requirements for technology and cyber incident reporting
OSFI issues updated requirements for technology and cyber incident reporting We have archived this page and will not be updating it. You can use it for research or reference. Today, the Office of the Superintendent of Financial Institutions (OSFI) …
OSFI launches consultation on climate-related risks in the financial sector
… that will occur will support effective climate risk management and contribute to the resilience of the Canadian …
OSFI releases capital guidelines updates for financial resiliency
OSFI releases capital guidelines updates for financial resiliency Today, the Office of the Superintendent of Financial Institutions (OSFI) revised the following capital guidelines: Capital Adequacy Requirements (CAR) Life Insurance Capital Adequacy Test …
Summary of discussion with the Superintendent
… on his perspectives on what contributes to effective management of a modern organization, focussing on …
Company and business name requests
Company and business name requests Federal, provincial and territorial company registries approve company and business names under the applicable legislation. However, a proposed name may include words that are restricted by other legislation in Canada. …
OSFI keeps Domestic Stability Buffer at 2.50%, provides update on review
… vigilance and heightened prudence in their capital management practices with a view to preserving capital. As …
OSFI releases draft Solo frameworks for public consultation
OSFI releases draft Solo frameworks for public consultation Today, the Office of the Superintendent of Financial Institutions (OSFI) released two draft frameworks, open for public consultation until June 30, 2023, that will strengthen Canada’s financial …
OSFI announces public consultation along with other guidance in its first quarterly release
OSFI announces public consultation along with other guidance in its first quarterly release Today, the Office of the Superintendent of Financial Institutions (OSFI) launched its inaugural pilot of quarterly release of guidance. Adopting quarterly releases …
Save the dates for our Quarterly Release
… Letter on updates to Guideline B-15: Climate Risk Management All documents will be published to our website. …
OSFI maintains Domestic Stability Buffer at 2.50%
… judgement on the part of boards of directors and senior management at federally regulated financial institutions. …
OSFI becomes a member of the international Network for Greening the Financial System
… to the development of environment and climate risk management in the financial sector, and to mobilize …
Backgrounder: Insights from the 2025 Climate Risk Returns
… climate-related data collection, reporting, and risk management. revealed key challenges including data gaps, …