OSFI’s policy releases and announcements schedule

The following schedule may be adjusted to meet changes in the risk and operating environments or due to other external factors that cause us to reconsider the dates. See Letter to industry - OSFI's revised policy plan. We are creating regulatory and supervision efficiency where we can and focusing our efforts where it counts for a more effective, forward-looking regulatory system.

Policy [P] – guidance requiring action, such as adhering to expectations or providing feedback to a public consultation process
Announcement [A] - for informational purposes

Third Quarterly Release 2026

  • Quarterly Release Day: September 10, 2026
  • Industry Day: September 24, 2026
Guidance, consultations, and announcements planned for the third Quarterly Release 2026
Policy [P]
Announcement [A]
ReleaseBanksFBBT&LL&FP&C
[P]Final Capital Adequacy Requirements (CAR) Guideline (2027)True ✓no dataTrue ✓no datano data
[P]Revised Implementation Note: Assessment of Regulatory Capital Models for Deposit-Taking InstitutionsTrue ✓no dataTrue ✓no datano data
[P]Final Mortgage Insurer Capital Adequacy Test (MICAT)no datano datano datano dataTrue ✓
[P]Final Capital and Liquidity Treatment of Crypto-asset Exposures (Banking) Guideline (2027)True ✓True ✓True ✓no datano data
[P]Final Guideline B-12 Interest Rate Risk ManagementTrue ✓no dataTrue ✓no datano data
[P]Draft Total Loss Absorbing Capacity GuidelineTrue ✓no dataTrue ✓no datano data
[A]Insurance Regulatory Returns Update due to IFRS 18no datano datano dataTrue ✓True ✓

Fourth Quarterly Release 2026

  • Quarterly Release Day: November 19, 2026
  • Industry Day: December 3, 2026
Guidance, consultations, and announcements planned for the fourth Quarterly Release 2026
Policy [P]
Announcement [A]
ReleaseBanksFBBT&LL&FP&C
[P]Draft Capital Adequacy Requirements (CAR) Guideline (2028)True ✓no dataTrue ✓no datano data
[A]Credit Risk Management What We Heard consultation reportTrue ✓no dataTrue ✓True ✓no data
[P]Final Pillar 3 Disclosures for Interest Rate RiskTrue ✓no dataTrue ✓no datano data
[P]Final Guideline B-2 Leverage, Investment Risk and Large Exposure Limitsno datano datano dataTrue ✓no data
[P]Final Guideline B-2 Property and Casualty Large Insurance Exposures, Leverage, Investment Risk and Concentrationno datano datano datano dataTrue ✓

First Quarterly Release 2027

  • Quarterly Release Day: February 12, 2027
  • Industry Day: February 26, 2027
Guidance, consultations, and announcements planned for the first Quarterly Release 2027
Policy [P]
Announcement [A]
ReleaseBanksFBBT&LL&FP&C
[P]Final Liquidity Adequacy Requirements (LAR) Guideline (2027)True ✓no dataTrue ✓no datano data
[P]Draft Guideline B-6 Liquidity PrinciplesTrue ✓no dataTrue ✓no datano data
[P]Final Guideline B-2 Leverage, Investment Risk and Large Exposure Limits [DTI]True ✓no dataTrue ✓no datano data
[P]Draft Chapters of Credit Risk Management (CRM) GuidelineTrue ✓no dataTrue ✓True ✓no data