OSFI adjusts temporary exclusions from leverage ratio ...
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Today, OSFI confirmed that the exclusion of sovereign-issued securities from the leverage ratio exposure measure for deposit-taking ... Skiptomaincontent Skiptosecondarymenu OSFIadjuststemporaryexclusionsfromleverageratioexposuremeasures;totakeeffectatendof2021 PageContentMediaContact OSFI–PublicAffairs343-550-9373AccompanyingDocuments LettertoIndustryNewsReleaseForImmediateReleaseOTTAWA─August12,2021─OfficeoftheSuperintendentofFinancialInstitutionsToday,OSFIconfirmedthattheexclusionofsovereign-issuedsecuritiesfromtheleverageratioexposuremeasurefordeposit-takinginstitutions(DTIs),introducedattheoutsetoftheCOVID-19pandemic,willnotbeextendedpastDecember31,2021.CentralbankreserveswillcontinuetobeexcludedfromtheleverageratioexposuremeasureforDTIs.InApril2020,inresponsetotheuncertaintycausedbyCOVID-19,OSFIallowedtheDTIsitregulatestotemporarilyexcludecentralbankreservesandsovereign-issuedsecuritiesfromtheirleverageratioexposuremeasures.InNovember2020,OSFIextendedthistemporarymeasureuntilDecember31,2021tocontinuesupportingtheeconomyasitcopedwiththeeffectsofthepandemic.Thedecisiontoallowthetemporaryexclusionofsovereign-issuedsecuritiestoexpireisinlinewithpreviousOSFIdecisionstodiscontinueothertemporaryreliefmeasuresintroducedinresponsetoCOVID-19whentheyarenolonger credible,consistent,necessaryandfit-for-purposeintheCanadiancontext.OSFIwillcloselymonitorconditionsandremainsreadytotakeanyfurtheraction,includingtheunwindingofothertemporarymeasures,asrequired.Forspecificguidance,pleaseseethe lettertoindustryissuedtoDTIs.Quote“WhenOSFIintroducedthisspecialtreatmentofleverageratioexposuremeasuresinthespringof2020,itwastheappropriateresponseatthetimetotheuncertaintycreatedbythepandemic.Nowthatthisuncertaintyhasdiminished,conditionswarrantunwindingcertainelementsofthisreliefmeasure,whichwerealwaysintendedtobetemporary.”BenGully,AssistantSuperintendent,RegulationSector,OSFIQuickFactsAtthestartoftheCOVID-19pandemicOSFIactedquicklytoadjustcapitalandliquiditymeasuressothattheyweresuitablefortheseunprecedentedcircumstances.OSFI’sactionsprovidedoptionsforrelievingpotentialpressuresfacingDTIsatthattime,andallowedthemtofocusontheircriticaloperations.AssociatedLinks November5,2020extensionofleverageratioexclusions April9,2020announcementofcontinuedregulatoryflexibilitymeasuresAboutThe OfficeoftheSuperintendentofFinancialInstitutions (OSFI)isanindependentagencyoftheGovernmentofCanada,establishedin1987,toprotectdepositors,policyholders,financialinstitutioncreditorsandpensionplanmembers,whileallowingfinancialinstitutionstocompeteandtakereasonablerisks.OSFIsupervisesmorethan400federallyregulatedfinancialinstitutionsand1,200pensionplanstodeterminewhethertheyareinsoundfinancialconditionandmeetingtheirprudentialrequirements.MediaContactOSFI–[email protected] ModifiedDate: 2021-08-12 Secondarymenu AboutUs OurHistory Mandate ExecutiveBiographies Newsletters ReportsandAccountability WhoWeRegulate JobOpportunities
延伸文章資訊
- 1Unwinding of certain temporary exclusions in leverage ratio ...
In its April 9, 2020 letter, OSFI announced that on a temporary basis, DTIs can exclude central b...
- 2Extension of exclusions from the leverage ratio exposure ...
The Office of the Superintendent of Financial Institutions (OSFI) continues to actively monitor t...
- 3Leverage Requirements Guideline - osfi-bsif.gc.ca
- 4Leverage Ratio Disclosure Requirements - osfi-bsif.gc.ca
The BCBS LR Framework introduces a simple, transparent, non-risk based leverage ratio to act as a...
- 5Changes to Capital, Leverage, and Liquidity Requirements ...
Collectively, OSFI's guidelines related to capital, leverage, liquidity, ... application of a lev...
