Basel III Capital Floor Technical Note

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1. Introduction As a follow up to the regulatory notice released on July 5, 2024, this technical note presents additional information about the Basel III capital floor. This note touches on the following key points: Capital floors are not new as part of the 2017 Basel III reforms - indeed, capital floors were included in earlier Basel capital

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Annual Risk Outlook – Semi-annual update – Fiscal Year 2024-2025

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The Superintendent articulated OSFI’s approach to its new integrity and security mandate in a speech on May 8, 2024. This speech highlights the close linkage between non-financial and financial risks, and the effects that non-financial risks can have in undermining the rights of depositors, policyholders, and creditors of financial institutions. OSFI has implemented an Integrity

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2025 Actuarial report on the Employment Insurance Premium Rate

List of tables Report at a glance Message from the Actuary The premium rate for 2025 is expected to be set at 1.64% (1.31% for residents of Québec). It represents a decrease of 0.02%, from a premium rate of 1.66% in 2024. 2025 Quick facts 2025 Quick facts - text description Maximum insurable earnings of

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Letter to administrators of federally regulated pension plans regarding CAPSA’S risk management guideline

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The Canadian Association of Pension Supervisory Authorities (CAPSA) is the national inter-jurisdictional association of pension regulators whose mission is to facilitate an efficient and effective pension regulatory system in Canada. CAPSA discusses regulatory issues of common interest and develops practical solutions to further the coordination and harmonization of pension regulation across Canada. OSFI is a

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OSFI takes data-driven approach to understanding potential impacts of climate risks at financial institutions

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Today, the Office of the Superintendent of Financial Institutions (OSFI) released the final version of the Standardized Climate Scenario Exercise (SCSE). The Standardized Climate Scenario Exercise is a tool for measuring the potential exposure of financial institutions to climate risk. It will foster better understanding of how climate-related risks may impact financial institutions, their counterparties

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