Low interest rates and higher market volatility mean future returns may differ greatly from today’s pricing assumptions
OSFI issues alert on proposed FSB mortgage underwriting principles
The objective of these latest revisions is to adopt more appropriate risk-based guidance in several areas
Regulator to postpone the implementation of FX risk margin until 2013
OSFI beefing up oversight in corporate governance, compensation and liquidity
Regulator rated highly on contributing to public confidence.
New leverage ratio to be adopted
Changes take effect Jan. 1
Regulators and industry to work together to ease the implementation of an audit requirement
Revised criteria better capture risks in current universe of seg funds