Guidance library

As the regulator for federally regulated financial institutions and private pension plans, we set expectations for operating within the Canadian financial industry. You can find our current guidance in the following list. We also have a list of rescinded guidance.

For guidance on private pension plans, please see Administering pension plans. 

How to use this list

You can search by using one or more of the filters. The more filters you use, the narrower your search.

The “keywords” filter will search page titles and content. For example, you can search by the guideline number (such as B-10).

Alternatively, learn how our guidance relates to our mandate.

Date Title Sector Publication type Category
Life Insurance Capital Adequacy Test (2025) – Chapter 7 Segregated Fund Guarantee Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 8 Operational Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 9 Participating and Adjustable Products
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 10 Credit for Reinsurance
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 11 Aggregation and Diversification of Risks
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 12 Life Insurers Operating in Canada on a Branch Basis
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Mortgage Insurer Capital Adequacy Test - Guideline (2025)
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (December 2024)
  • Banks
Letter Capital Adequacy Requirements
Update on implementation timeline for Guideline B-2 title insurance provisions
  • Property and Casualty Companies
Letter Prudential Limits and Restrictions
Revised Regulatory Notice on Commercial Real Estate Lending Regulatory notice Sound Business and Financial Practices
Parental Stand-Alone (Solo) Capital Framework for Federally Regulated Life Insurers (2025)
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Mortgage Insurer Capital Adequacy Test (MICAT) 2025 - Letter
  • Property and Casualty Companies
Letter Capital Adequacy Requirements
Regulatory Notice on Culture Risk Management – letter
  • Banks
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Sound Business and Financial Practices
Regulatory notice - Culture Risk Management
  • Banks
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Regulatory notice
IFRS 17 Insurance Contracts Guideline
  • Insurance Companies Act
Guideline
IFRS 17 Insurance Contracts Guideline - Letter
  • Insurance Companies Act
Letter
OSFI exempts uninsured mortgage straight switches from the prescribed MQR and implements portfolio LTI limits
  • Banks
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Sound Business and Financial Practices
Life Insurance Capital Adequacy Test (2025) – Letter
  • Life Insurance and Fraternal Companies
Letter
Operational Risk Management and Resilience – Guideline
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Guideline Sound Business and Financial Practices
Operational Risk Management and Resilience — Letter
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Sound Business and Financial Practices
Life Insurance Capital Adequacy Test (LICAT) 2025 – Letter
  • Life Insurance and Fraternal Companies
Letter Capital Adequacy Requirements
Assurance on Capital, Leverage and Liquidity Returns Guideline - Clarifications
  • Banks
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Adjustments and clarifications Accounting and Disclosure
Modification to the Capital Floor Transition schedule in Chapter 1 of the Capital Adequacy Requirements (CAR) guideline
  • Banks
  • Trust and Loan Companies
Regulatory notice Capital Adequacy Requirements
Progress update on the Data Collection Modernization (DCM) initiative and upcoming opportunity to engage the industry
  • Bank Holding Companies
  • Banks
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Supervisory Advisories
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (2024)
  • Banks
Letter Capital Adequacy Requirements
OSFI consults on updates to the Liquidity Adequacy Requirements Guideline
  • Banks
  • Trust and Loan Companies
Letter Liquidity Adequacy Requirements
Reinforcing residential mortgage risk management practices
  • Banks
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Regulatory notice Sound Business and Financial Practices
Consequential amendments to Guidelines B-10 and B-13 related to foreign branches
  • Banks
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Sound Business and Financial Practices
Integrity and Security - Guideline
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Guideline Sound Business and Financial Practices
Integrity and Security - Letter
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Sound Business and Financial Practices
Minimum Capital Test - Guideline (2024)
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
Minimum Capital Test 2024 – Adjustments and clarifications
  • Property and Casualty Companies
Adjustments and clarifications Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (2023) Letter Capital Adequacy Requirements
Updates to the Administrative Procedures for Late and Erroneous Filing Penalty Framework
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
Letter Sound Business and Financial Practices
Domestic Stability Buffer - Decision Summary Note Capital Adequacy Requirements
OSFI upholds current LAR guideline treatment for HISA ETFs
  • Banks
  • Foreign Bank Branches
  • Trust and Loan Companies
Letter Liquidity Adequacy Requirements
OSFI update on Canadian Dollar Offered Rate transition
  • Banks
  • Trust and Loan Companies
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
Letter
2024 Minimum Capital Test (MCT) – Letter (2023)
  • Property and Casualty Companies
Letter
OSFI’s response to Guideline B-20 initial consultation feedback on debt serviceability measures
  • Banks
  • Foreign Bank Branches
  • Trust and Loan Companies
  • Property and Casualty Companies
  • Life Insurance and Fraternal Companies
Consultation response Sound Business and Financial Practices
Parental Stand-Alone (Solo) TLAC Framework for Domestic Systemically Important Banks (D-SIBs)
  • Banks
Guideline Capital Adequacy Requirements
OSFI finalizes its Solo Capital guideline and Solo Total Loss Absorbing Capacity (TLAC) guideline
  • Banks
  • Life Insurance and Fraternal Companies
Letter Capital Adequacy Requirements
Letter to industry on OSFI’s next steps to implement new provisions of its mandate Letter
Appointed Actuary: Legal Requirements, Qualifications and Peer Review – Guideline (2023)
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
Guideline Sound Business and Financial Practices
Update to LAR guideline review for wholesale funding sources with retail-like characteristics Letter Liquidity Adequacy Requirements
Technology and cyber incident reporting Letter Supervisory Advisories
OSFI increases the level of the Domestic Stability Buffer by 50 basis points Letter
Third-Party Risk Management Guideline
  • Banks
  • Foreign Bank Branches
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Guideline Sound Business and Financial Practices
OSFI response to draft guideline B-10 consultation feedback – Third-party Risk Management Letter Sound Business and Financial Practices
OSFI’s Intelligence-led Cyber Resilience Testing (I-CRT) Framework
  • Banks
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Advisory Sound Business and Financial Practices
OSFI issues final Guideline B-15 and responds to consultation feedback
  • Banks
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter