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Longevity Insurance and Longevity Swaps
… with these types of longevity hedges; considerations for plan administrators who are contemplating entering into a … plan’s exposure to longevity risk; and OSFI’s expectations for plan administrators who choose to enter into a longevity … over the longer term. One risk mitigation strategy is for pension plan administrators to purchase buy-in or buy-out …
Interest Rate Risk (I3)
… risk schedule ("Schedule 42 – Minimum Capital Required for Market Risk") of the BCAR return for the trading business of the consolidated institution. The repricing/matching information will allow for analysis of potential changes in net interest income and …
Public consultation on guideline B-20: Residential Mortgage Underwriting
… indebtedness, of which residential mortgages account for a large share. Federally regulated financial institution … Additionally, as noted in the Bank of Canada’s latest Monetary Policy Report , the pace of economic growth … to industry based on this consultation. Related links News release Guideline Information sheet …
Sound Mortgage Underwriting: Foundation for Stability - Remarks to the C.D. Howe Institute, Toronto, Ontario, January 24, 2020
… Sound Mortgage Underwriting: Foundation for Stability - Remarks to the C.D. Howe Institute, Toronto, … January 24, 2020 Introduction Good day and thank you for making the time to join me. Thank you for the kind … through Guideline B-20 in 2018. According to CMHC's latest consumer survey, two-thirds of buyers said that the …
2024 Property and Casualty Minimum Capital Test and Branch Adequacy of Assets Test (PC4)
… Canadian Generally Accepted Accounting Principles (CGAAP) for publicly accountable enterprises (PAEs). As federally … definition of a PAE, and are required to report using IFRS for fiscal years beginning on or after January 1, 2011. For … return must be received at the regulator's office at the latest on the applicable due date. There are penalties for …
CANADA STUDENT LOANS PROGRAM as at 31 July 2019
… Accessibility Guidelines (WCAG) defines requirements for designers and developers to improve accessibility for people with disabilities. It defines three levels of … these borrowers, have been revised downward to reflect the latest experience. 2.5.3 Other Expenses Alternative payments …
Non Mortgage Loans (A2)
… Bank of Canada Banking and Financial Statistics on a total-for-all-institutions basis. Frequency Quarterly - calendar. … sector. Loans are to be reported gross of allowance for Highlighted text *expected credit losses* . Also … , or wholly or primarily engaged in the business of selling their output to the government which established …
OSFI’s Annual Risk Outlook – Fiscal Year 2025-2026
… Financial Institutions’ (OSFI) Annual Risk Outlook (ARO) for 2025-2026 provides an overview of the current risk … and a summary of supervisory industry strategies for federally regulated financial institutions (institutions) … priorities for calendar quarters Q2 2025 to Q1 2026 please visit OSFI’s policy releases and announcements schedule . …
Derivatives Sound Practices for Federally Regulated Private Pension Plans
… Derivatives Sound Practices for Federally Regulated Private Pension Plans Guideline … plans to consider when developing policies and procedures for the sound risk management of derivative activities. While derivatives can be effective tools for risk mitigation, the associated risks must be identified, …
OSFI-FCAC Risk Report - AI Uses and Risks at Federally Regulated Financial Institutions
… are monitoring the evolving risk landscape and advocating for responsible AI adoption. In 2022, OSFI co-hosted the … Data, Governance, Ethics) as a cornerstone for responsible AI use. In December 2023, OSFI and FCAC … that bulletin, this report outlines key risks that arise for financial institutions from AI, supported by findings …
Mortgage Insurance Return – Section V – Jurisdictional Requirements
… Requirements Mortgage insurers must accommodate for the differences in legislation from jurisdiction to … references that may be used as authoritative sources for the completion of each jurisdiction's filing. Regulators … must be made available on request. Filing requirements Visit the Insurance Regulatory Information System's website . …
OSFI’s Annual Risk Outlook – Fiscal Year 2026-2027
… Financial Institutions’ (OSFI’s) Annual Risk Outlook (ARO) for 2026–2027 provides an overview of the current risk … and a summary of supervisory industry strategies for federally regulated financial institutions (institutions) … priorities for calendar quarters Q2 2026 to Q1 2027 please visit OSFI’s policy releases and announcements schedule . …
Guide for the Demutualization of Mutual Property and Casualty Insurance Companies with Non-mutual Policyholders
… Guide for the Demutualization of Mutual Property and Casualty … relative to the role of the independent actuary retained for the purpose of the demutualization, as well as the … process is to review and assess applications for regulatory approval and ultimately make recommendations …
Actuarial Information Summary
… of pension plans registered or having filed an application for registration under the Pension Benefits Standards Act, … provisions; and is registered or has filed an application for registration under the PBSA. Filing due date The AIS … to 153. Contact details For further information, please visit the OSFI website or contact us at: Office of the …
Life Insurance Return – Section V – Jurisdictional Requirements
… that may be necessary to provide authoritative references for the completion of each jurisdiction's file. Regulators … of Financial Institutions, Canada. Actuary's report – for provincially regulated companies only N/A Statutory … must be made available on request. Filing requirements Visit the Insurance Regulatory Information System's website. …