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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

OSFI Publishes Advisory Regarding Ownership Interests in Commodities Taken by Federally Regulated Financial Institutions

In response to inquiries from federally regulated financial institutions (“FRFIs”), the Office of the Superintendent of Financial Institutions (“OSFI”) has published Advisory 2013-01, Business and Powers – Ownership Interest...more

1/11/2013 - Commodities OSFI Swaps

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

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