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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 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

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