Latest Publications

Share:

Global Systemically Important Banks – Public Disclosure Requirements

The Office of the Superintendent of Financial Institutions Canada (OSFI) has issued an Advisory, “Global systemically important banks – Public disclosure requirements”, which clarifies the implementation in Canada of the...more

4/17/2014 - Banks Canada Foreign Banks Global Economy

Over-The-Counter Derivatives and Financial Benchmarks Regulations

The first bill to implement the proposals contained within the 2014 Federal Budget for over-the-counter derivatives regulations and financial benchmarks has been introduced in Parliament. Bill C-31, titled the Economic Action...more

4/3/2014 - Canada Derivatives Financial Regulatory Reform OTC

OSFI Proposes Specific Notification Requirements for Changes in Directors and Officers

On January 20, 2014, the Office of the Superintendent of Financial Institutions (OSFI) issued its Draft Advisory Changes to the Membership of the Board or Senior Management of a federally-regulated financial institution...more

1/22/2014 - Compliance Corporate Governance Directors Notifications Officers OSFI

The Speech from the Throne and the Comprehensive Economic and Trade Agreement

Last week the Government of Canada (“GC”) made two major announcements. The first was the Speech from the Throne (the “Speech”) which took place on October 16, 2013. The Speech, which outlined the GC legislative plan for the...more

10/23/2013 - Banks Canada CETA Economic Development EU Trade Policy

Bill C-60 Includes Amendments to Residency Requirements for Financial Institution Board Committees

On April 8th 2013, we described proposals for the regulation of Canadian financial institutions set out in the 2013 federal budget. The first bill to implement the budget has been introduced in Parliament. Bill C-60, titled...more

5/2/2013 - Amended Legislation Canada Residency Requirements Residency Status

Government Announces New Complaints Regulations for Bank Customers, Oversight by Federal Consumer Agency of Canada

On April 10, 2013, the Canadian federal government announced the final publication of new regulations that will govern the system for resolving complaints regarding products or services provided by banks and authorized...more

4/15/2013 - Banks Canada Consumer Complaint System Foreign Banks Public Disclosure

The Canadian Federal Budget and Financial Institutions

The recently published federal budget (titled “Canada’s Economic Action Plan 2013”) included high level guidance regarding the Government’s priorities for the regulation of financial institutions, services and markets. The...more

4/10/2013 - Canada CMHC FCAC Federal Budget Mortgages OSFI

Canada’s Largest Six Banks Designated as Systemically Important by OSFI

In conjunction with A framework for dealing with domestic systemically important banks issued by the Basel Committee on Banking Supervision (BCBS), the Office of the Superintendent of Financial Institutions Canada (OSFI) has...more

3/29/2013 - Banks Basel Committee Canada OSFI

Code of Conduct for Credit and Debit Card Industry – Guidance Issued by FCAC Commissioner

On February 13, 2013, the Financial Consumer Agency of Canada (FCAC) issued Commissioner’s Guidance (the Guidance) to clarify three issues related to the Code of Conduct for the Credit and Debit Card Industry in Canada (the...more

2/18/2013 - Code of Conduct Credit Cards Debit and Credit Card Transactions Debit Cards FCAC ISOs PCNOs

FCAC Commissioner Issues Guidance Relating to Code of Conduct

On February 13, 2013, the Financial Consumer Agency of Canada (FCAC) issued Commissioner’s Guidance (the Guidance) to clarify three issues related to the Code of Conduct for the Credit and Debit Card Industry in Canada (the...more

2/15/2013 - Code of Conduct Credit Cards Debit Cards FCAC ISOs Multiple Contract Cancellations Multiple Service Provider Agreements PCNOs Penalties

Amendments to Anti-Money Laundering Regulations

On February 13, 2013, the Government of Canada published in the Canada Gazette certain amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (the Regulations). These amendments will come...more

2/14/2013 - Anti-Money Laundering ATF CDD Financial Action Task Force Money Laundering Terrorist Financing Regulations

OSFI Releases Final Capital Adequacy Requirements Guideline

On December 10, 2012, the Office of the Superintendent of Financial Institutions Canada (OSFI) issued the final version of the revised Capital Adequacy Requirements Guideline (the Guideline). The Guideline has been revised...more

12/11/2012 - Basel III Capital Requirements

12 Results
|
View per page
Page: of 1