Update on implementation timeline for Guideline B-2 title insurance provisions

News Corporate Finance & M&A Guidance

Date: 11th Dec, 2024 Source: Canadian Securities Administrators Country: Canada Original Source

Brief

"On November 12, 2024, the Office of the Superintendent of Financial Institutions (OSFI) announced a decision to defer the application of Section II of Guideline B-2 for title insurance writers until January 1, 2027. This deferral allows additional time for OSFI to examine the approach to large exposures in title insurance and consult with the industry on implementation."

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Canadian Securities Administrators

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Update on implementation timeline for Guideline B-2 title insurance provisions

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Update on implementation timeline for Guideline B-2 title insurance provisions

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Canadian Securities Administrators

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