OSFI updates its FAQs on COVID-19 related regulatory measure

OSFI has announced a series of regulatory adjustments to support the financial and operational resilience of federally regulated financial institutions and private pension plans, and contribute to public confidence and stability of the Canadian financial system.

Today, OSFI has updated its published FAQs for:

OSFI continues to develop and refine its expectations for these sectors to provide flexibility and clarity so that they can effectively respond to current challenges.

These FAQs will be updated regularly to reflect any new measures announced and ensure that information included remains current.