Updated guideline for federally regulated insurers takes effect Jan.1, 2019
Revised guideline reflects the latest changes to the banks' capital adequacy regime
Updated requirements will take effect in the first quarter of 2019.
The number of taxfilers contributing to an RRSP has also fallen
Interest rate risk can affect the safety and soundness of financial institutions
Document sets out expectations for boards of directors of federally regulated financial institutions
The proposed amendments are designed to reflect market developments since 2004
Amendments will permit regulated non-bank institutions to use “generic bank terms”
The proposals following the latest changes to the banks’ leverage and capital requirements
The new rules consolidate the existing capital treatments, introduce new credit risk capital charges and include updated credit risk factors for securitized assets