#OSFI
LightNews LightNews
greencb.bsky.social
While short-term resilience looks strong, OSFI warns many climate hazards intensify non-linearly — small warming shifts could trigger outsized losses, especially in concentrated sectors. 🌡️📉
September 30, 2025 at 3:01 PM
morganrajan.bsky.social
There is no shortage of local financial experts here. We have OSFI and CDIC keeping us stable. I dread the current conservative coming into power as he's going to help crash our healthcare rather than fix it based on his recent interview. Catering to right wing USA is part of his brand.
From dog whistles to blaring horns, Poilievre makes his case
Pierre Poilievre’s recent 100-minute interview with controversial media commentator, Jordan Peterson, provided some clues about the Conservative leader’s political ideology.
theconversation.com
February 18, 2025 at 3:14 PM
climateinstitute.bsky.social
The OSFI released a draft Standardized Climate Scenario Exercise for public comment. It looks at the financial consequences of moving to a net zero economy & the financial consequences of climate change. Our submission in response to their publication ⬇️
climateinstitute.ca/publications...
Recommendations for a more practical Standardized Climate Scenario Exercise - Canadian Climate Insti...
OSFI climate scenario response letter from the Canadian Climate Institute
climateinstitute.ca
December 21, 2023 at 8:12 PM
cos.io
Academic Librarians and Research Support Staff, join us this Wed for a webinar on OSF Institutions, a platform focused on empowering open scholarship practices within academic institutions.

Join the webinar: https://bit.ly/3Vg79zs

#OSFI #AcademicInstitutions #ResearchManagement
March 25, 2024 at 5:23 PM
jamiemackinnon.bsky.social
Remittances are critical to people in poor countries.

Wealthy countries can help by ensuring that transmission fees aren't exorbitant.

#foreign-aid
#poverty
#migrants
#OSFI
#BIS
June 27, 2025 at 1:51 PM
finance-banking.bsky.social
OSFI Releases Final Guideline E-23 for Model Risk Management and AI Use by Federally Regulated Finan
OSFI Releases Final Guideline E-23 for Model Risk Management and AI Use by Federally Regulated Finan
On September 11, 2025, as part of its quarterly release of regulatory changes, the Office of the Superintendent of Financial Institutions Canada...
www.jdsupra.com
September 29, 2025 at 4:30 PM
itunesbrian.bsky.social
Julie Dickinson. I remember this face! This woman saved Canada’s banking industry. She was the superintendent of financial institutions in Canada & she used that power to keep the banks in line.

www.reuters.com/article/idUS...
Julie Dickson. Canada's Office of the Superintendent of Financial Institutions (OSFI). She was so good the Europeans snapped her up to fix their banks.
December 7, 2024 at 5:01 PM
castanet.net
OSFI keeps domestic stability buffer on hold at 3.5 per cent (Canada)
OSFI keeps domestic stability buffer on hold at 3.5 per cent - Business News
The federal banking regulator says the amount of money Canada's big banks must keep on hand in case of economic shock will stay at its current level.
www.castanet.net
June 26, 2025 at 2:33 PM
ai-law-news.bsky.social
OSFI Releases Final Guideline E-23 for Model Risk Management and AI Use by Federally Regulated Finan
OSFI Releases Final Guideline E-23 for Model Risk Management and AI Use by Federally Regulated Finan
On September 11, 2025, as part of its quarterly release of regulatory changes, the Office of the Superintendent of Financial Institutions Canada...
www.jdsupra.com
September 29, 2025 at 4:30 PM
shiftaction.bsky.social
The Office of the Superintendent of Financial Institution (OSFI) has delayed reporting requirements for the Scope 3 greenhouse gas emissions of federally regulated financial institutions.
OSFI pushes back timeline to disclose emissions
Federal banks and insurance company supervisor OSFI pushes back the timeline for institutions to disclose polluting emissions.
ecojustice.ca
February 21, 2025 at 4:56 PM
petewillis.bsky.social
the suggestion is that somehow US banks are 'denied access'

American banks are free operate today under Canadian rules regulated by OSFI. Most choose not to as we are small and mature market

assuming 'more access' means 'less regulation' then hard 'oppose'

uwaterloo.ca/news/media/q...
Q and A with the experts: U.S. banking in Canada | Waterloo News
Recent rhetoric has emerged alleging that U.S. banks aren’t allowed to do business in Canada, which is untrue. U.S. banks have been operating in Canada for well over a century with 16 U.S.-based bank ...
uwaterloo.ca
July 22, 2025 at 6:56 PM
stillots1.bsky.social
I'm not sorry that OSFI is not a household word in 🇨🇦, for the same reason I'm glad we don't generally know the names of our Supreme Court justices.

Who wants the bank regulator to be a politicized entity?

But more 🇨🇦ian's understanding OSFI would be good

www.theglobeandmail.com/gift/330b5b5...
Regulator plans changes to encourage business lending by banks in support of economy
Commercial lending accounted for about 60% of banks’ loan portfolios in 1982. It now makes up about 25% of current loan books
www.theglobeandmail.com
September 4, 2025 at 12:01 PM
shiftaction.bsky.social
Based on OSFI’s Guideline, Canada’s largest banks and international insurance companies were under obligation to disclose their Scope 3 emissions for the 2025 financial year. Now OSFI has pushed that timeline back three years, to align with Canadian Sustainability Standards Board (CSSB) standard.
February 21, 2025 at 4:57 PM
aishamcnamara.bsky.social
29/50
music.youtube.com/watch?v=osfi...
Supergrass - G-Song (Official Audio)
YouTube video by Supergrass
music.youtube.com
March 3, 2025 at 1:16 PM
stillots1.bsky.social
OSFI
share.google/VPMVbmkIODWK...
The OSFI story - Office of the Superintendent of Financial Institutions
The Office of the Superintendent of Financial Institutions is an independent agency of the Government of Canada. We regulate and supervise more than 400 financial institutions and 1200 pension plans. ...
share.google
September 4, 2025 at 12:01 PM
leospalteholz.bsky.social
“With rates going up, with the general recognition that housing is pretty fully valued, I’m not sure your expected return in the housing sector… I think a smart investor would think twice and maybe look at other outlets” - Peter Rutledge, Superintendent of OSFI
November 3, 2024 at 8:10 AM
handle.invalid
Canada's OSFI requests public feedback on crypto reporting rules to shape future regulation. A key step to mitigate crypto risks. #CryptoRegulation #Canada According to Coingape.
Canada Wants Public Feedback to Enshrine Crypto Disclosures
Canada's OSFI requests public feedback on crypto reporting rules to shape future regulation. A key step to mitigate crypto risks. #CryptoRegulation #Canada According to Coingape.
cryptonews.blue
November 20, 2023 at 8:14 PM
greencb.bsky.social
According to a climate scenario exercise by Canadian financial regulators OSFI & @amf-france.org — of 250+ institutions — institutions must do more to measure & manage climate risk, writes @ethomasson.bsky.social 👇

https://greencb.co/46zUVpz

#SustainableFinance #ClimateStressTest
Canadian banks need to manage long-term risk, stress test finds
Canadian financial institutions must do more to measure and manage climate risk to protect financial stability, the country’s financial regulators said
greencb.co
September 29, 2025 at 12:31 PM
mendelmatt.bsky.social
We should make it much easier for young Canadians to start or buy a business. The government of Canada can help. BDC can help. OSFI can help. All of it, all at once.

www.rbc.com/newsroom/new...
Article - RBC
www.rbc.com
September 22, 2025 at 3:27 PM
canadiantopnews.bsky.social
Top bank regulator halts Basel endgame implementation amid tariff uncertainty
OSFI considering COVID-style measures for banks in event of trade war

#Financial Post
Top bank regulator halts Basel endgame implementation amid tariff uncertainty
OSFI responds to uneven global adoption of rules and considers adjustments to help banks face uncertainty of potential trade war. Read on
financialpost.com
February 13, 2025 at 2:16 AM
ryanritchie.bsky.social
5/ Dec 2018 - “Budget Implementation Act, 2018, No. 2” Bill C-86 (42-1) www.parl.ca/LegisInfo/en...

It's all corporate-friendly, from privileged information to patents, to intellectual property, to the Terrorist Financing Act. Same old boring neoliberal policies. 😴

#20YearsOfConservatism #CdnPoli
Subdivision C: Privileged Information (167-173) This section, Subdivision C, isn't just a technical update to the legislation; it’s a political maneuver designed to ensure that powerful financial institutions—banks, insurance companies, and holding companies—can operate with a heightened level of secrecy, particularly when under the scrutiny of government regulators like the Office of the Superintendent of Financial Institutions (OSFI). In essence, this part of the omnibus bill adds a significant layer of protection for privileged information—particularly solicitor-client privilege or litigation privilege. This means that financial institutions, their controlling entities, and their affiliates now have a legal shield that prevents them from disclosing sensitive legal information to regulators without potentially jeopardizing their legal protections. Key Takeaways: More Secrecy for Financial Giants: The amendments in Section 167 through Section 173 all have one thing in common: they fortify secrecy around privileged information. When a financial institution (like a bank or insurance company) gives information to the Superintendent, it is explicitly stated that the disclosure doesn’t waive any of the legal protections (i.e., lawyer-client confidentiality or litigation privilege). This means that the government can’t use the information as evidence if there’s a violation unless that information was already outside the scope of these protections. No Accountability, More Influence: The regulations further establish that any confidential or privileged info shared with the Superintendent can’t be passed on to other governmental bodies—particularly investigative bodies or those involved in criminal prosecutions. That’s a green light for big banks, insurance companies, and their affiliates to keep dirty laundry off the record. When you prevent regulators from passing along potentially... This text image is 3204 characters over limit. Please refer to google doc. Division 4: Proceeds of Crime (Money Laundering) and Terrorist Financing Act This is where we see the government taking action, but not in a way that truly addresses the systemic problems. Instead of cracking down on the kinds of money laundering and terrorist financing schemes that enrich the wealthy elite and fund corrupt regimes, the bill focuses on bureaucratic tweaks that will, in practice, let the powerful get away with it more easily. Section 174: Repeals Section 13 of the Proceeds of Crime Act, which likely simplifies or reduces transparency on how money is seized during criminal investigations. This could mean that police and financial institutions have less oversight and leeway in targeting illicit financial flows. Section 175: This is about currency or monetary instruments—basically cash and other valuables—held during investigations. The changes introduced make it easier for law enforcement to hold onto seized funds, but if those funds are reported (presumably for tax purposes or under money-laundering regulations), they can’t be held for too long. On the surface, this sounds like protecting citizens, but in practice, it often benefits the elite, whose wealth is more likely to be hidden in complex financial systems rather than in the hands of everyday criminals. The amendments add confusion to the process, likely making it harder for people to understand how their assets are seized or reported in investigations, adding another layer of bureaucracy that won't truly affect the big players. Division 5: Greenhouse Gas Emissions Pricing and Other Topics Relating to Offshore Area This section is all about the environment and emissions, or, rather, the government's version of “action” on the climate crisis—one that, yet again, doesn’t actually tackle the root problems of climate change but instead opens the door for the exploitation of natural resources in the offshore area, putting This text image is 3732 characters over limit. Please refer to google doc. Part 4, Division 6 (Canada Business Corporations Act) - What's Actually Going On? This section of the omnibus bill (C-86) takes aim at corporate secrecy and the hidden powers behind Canadian businesses. You’d think the government is looking out for working people by tackling corporate corruption, but don’t be fooled. It’s a superficial move that doesn’t go nearly far enough to rein in the billionaires or challenge the deep-pocketed corporate interests running the show. First up, the Canada Business Corporations Act (CBCA) gets an update that aims to shine a light on who’s really pulling the strings in these corporations—an important move given how much influence these powerful actors have over politics, policies, and everyday life. Who Holds the Power? The bill introduces the term "individual with significant control" (ISC). Essentially, this is the person (or group) who controls 25% or more of a corporation’s shares, whether through ownership or indirect control (like through power over voting). The problem here? It’s still allowing for a lot of wiggle room for those who operate in the shadows. While it’s a step toward transparency, it doesn’t quite dismantle the corporate oligarchy. A corporation needs to track and report who has this significant control over them, meaning the real owners—the billionaires, often hiding behind layers of legal structures—must be identified. In theory, this sounds like a good thing. In practice, though, corporations aren’t exactly incentivized to expose their power structure, and this rule doesn’t even apply to corporations on the stock exchange, which are the ones we really need to be watching. Registering the Shadowy Figures The register of individuals with significant control will maintain basic details of these figures—names, addresses, tax residency, and how exactly they control the corporation. It’s good to know who’s in charge, but here’s the... This text image is 5392 characters over limit. Please refer to google doc. Division 7, Subdivision A (200-213) At the heart of Subdivision A (Patent Act), we are witnessing a series of provisions that are all about shifting and tightening the control of patents. These provisions essentially act as a way to keep patents firmly in the hands of corporations and powerful patent holders, while making life harder for smaller innovators and the public. It’s not hard to see that this is another example of government legislation that prioritizes corporate interests over the common good. The bill is heavily weighted in favour of making patent law more complex and less accessible, increasing the hurdles for challenges and legal actions related to patents. The Key Sections in This Breakdown: Sections 200 to 213 in this part, specifically focus on transitional provisions—in other words, the nitty-gritty rules that will govern how these changes to patent law are applied in real-world cases. Section 200 starts off by applying new rules to any ongoing actions or proceedings at the time the law comes into force. This ensures that any court battles or legal cases involving patents that aren’t wrapped up yet will fall under the new rules. These sections (like 53.1, 123.1, and 55.3) extend the corporate control over patents even further, making it harder for smaller entities or independent inventors to challenge these patents in courts. Sections 201-203 focus on laying out specific legal actions—this is insider language aimed at preventing patent disputes from being easily challenged. What this does in effect is stack the deck against challengers. The government is making sure that if you’re in a legal fight regarding a patent, you will have to deal with complicated, murky language and more convoluted procedures. This is a power play to maintain the dominance of larger corporations that can afford to navigate and manipulate these complicated legal channels. Section 203 even... This text image is 3095 characters over limit. Please refer to google doc.
March 14, 2025 at 12:17 AM
leospalteholz.bsky.social
@CanadaWatchdog Very odd. After all the talk about a "wait and see" approach, and at the same time that OSFI is already acting...
November 3, 2024 at 9:33 AM
earlybirdsinvest.bsky.social
Canadian OSFI has set new guidelines for banks to manage crypto exposure

The Secretary of Financial Institutions (OSFI), a Canadian bank regulator, has introduced rules for banks to manage their cryptocurrency exposures as interest in digital assets continues to grow domestically. OSFI announced…
Canadian OSFI has set new guidelines for banks to manage crypto exposure
The Secretary of Financial Institutions (OSFI), a Canadian bank regulator, has introduced rules for banks to manage their cryptocurrency exposures as interest in digital assets continues to grow domestically. OSFI announced final guidelines in its regulatory quarterly report on Thursday, final guidelines on cryptocurrency assets and consultations on capital requirements amid major changes in the US regulatory approach that are expected to facilitate requirements .
earlybirdsinvest.com
February 22, 2025 at 10:21 PM
mondevana.bsky.social
Kara's disappearance from the DC canon gave me the idea to create a comic story about her.
www.youtube.com/watch?v=OsFi...
Kara's coming out!
YouTube video by Mondevana
www.youtube.com
July 9, 2025 at 12:39 PM
sixsimon.bsky.social
Can your vendor take you down?

Probably. Time for vendor risk chats—how do you handle them?

OSFI B-10 is good guidance for #finance but it's not a play-by-play and it's not a preparedness guide. There's a lot of work that goes into achieving those standards.

#subitis #resilience #fi #fsi #risk
September 15, 2025 at 1:45 PM