Update to OSFI's overall supervisory framework
Office of the Superintendent of Financial Institutions of Canada updated supervisory framework describing principles, concepts and core process that OSFI uses to guide its supervision of regulated firms. Accommodates unique aspects of deposit-taking, life insurance, and property and casualty insurance sectors. Reflects significant developments in financial services industry that have changed the nature of risks and risk management of financial institutions.
Publisher:
National Regulators
Release date:
Nov 2010
Country:
Canada
Type:
Supervisory Practice
Peer:
Composite Risk Rating and Assessment Criteria
Topics:
Supervisory framework, Risk-based supervision
Sectors:
Banking, Insurance
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