Households vulnerable to adverse shocks due to indebtedness
Regulator explains rationale behind its decision not to allow insurance firms to use internal models that incorporate mean reversion in equity returns
Banking regulator recommends a board-approved underwriting policy to help manage risk
OSFI reminds firms to consider associated risks
Revisions aim to bring OSFI guidelines into line with reforms adopted by Basel Committee
Comments sought on draft advisory
The proposed restrictions could hinder the risk management practices of foreign banks, and hurt the liquidity of certain markets
OSFI aims to develop rules that are more risk-sensitive
Banks expected to implement Basel remuneration disclosure requirements starting with the 2012 fiscal year-end
OSFI urges firm to be diligent in ensuring they don't violate prohibitions