Web9+ YEARS OF EXPERIENCE working across the 3 lines of defense in the financial services industry, which includes payments, capital markets, asset management and retail banking. SOUND KNOWLEDGE of risk management regulations applicable to financial institutions in Canada (OSFI, IIROC, AMF), in Germany (MaRisk, BAIT, KWG) and in the European …
OSFI Updates Address Liquidity Risk Reporting & Operational Risk …
Weboperational risk management is a reflection of the effectiveness of the board and senior management in administering its portfolio of products, activities, processes, and systems. The Committee, through the publication of this paper, desires to promote and enhance the effectiveness of operational risk management throughout the banking system. WebYesterday, OSFI published Guideline B-15: Climate Risk Management, setting out OSFI’s expectations for the management of climate-related risks…. OSFI issues new Guideline on Climate Risk ... hmp4 vaisala
A Look Inside OSFI’s New Corporate Governance Guideline
WebNov 18, 2024 · The new Draft Guideline will complement, rather than replace, OSFI's existing guidelines and tools on operational risk management and outsourcing, including Guidelines E-21: Operational Risk Management B-10: Outsourcing of Business Activities, Functions and Processes and the recently updated Cyber Security Self-Assessment and … WebIn August 2015 the Office of the Superintendent of Financial Institutions Canada (“ OSFI “) released its draft Guideline E-21 entitled Operational Risk Management (the “ Guideline “) for federally-regulated financial institutions (“ FRFIs “). OSFI is issuing the Operational Risk Management Guideline (Guideline E-21), which applies to all Federally Regulated Financial Institutions (FRFIs). As part of … See more OSFI recognises that FRFIs may have different operational risk management practices depending on their: size; ownership structure; … See more Guideline E-21 is intended to provide consolidated guidance for operational risk management, across all FRFIs. Elaboration of OSFI expectations, in a principle-based manner, and emerging sound practices, … See more OSFI posted a draft version of the guideline for public consultation in August 2015. OSFI reviewed all submissions and, as a result, has … See more hmp60 vaisala