Canadian banks better positioned than most to deal with “second wave” of economic downturn
Managing capital conservatively does not mean increasing capital, regulator says
Regulator seeks comments on discussion paper from stakeholders
Regulator calls on plans to consider implications of market downturn
OSFI survey finds areas of weakness
Gary Walker has been appointed assistant superintendent, corporate services sector, the Office of the Superintendent of Financial Institutions announced Monday.Walker was senior director, human resources and administration at OSFI. Prior to joining OSFI in 2002, he held a number of senior-level corporate services positions in both the private and public sectors with such companies as […]
The Office of the Superintendent of Financial Institutions is revising guidelines to accommodate accounting rule changes regarding financial instrument disclosure.As a result of this new accounting standard, OSFI is considering making consequential amendments to certain guidelines to ensure they are consistent with the disclosure requirements and terminology of the new standard. OSFI is not adding […]
Room for improvement in developing regulations and guidance
More capital required to support complex securitization exposures
Market turmoil moves regulator to update rules