Office of the Superintendent of Financial Institutions Act

OSFI's information-sharing committee gains FINTRAC Director; Superintendent gets broader powers to share and receive information

The Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has been added as a member of the financial institutions advisory committee, joining the Superintendent, the Bank of Canada Go…

Upcoming changes will add cybersecurity law to OSFI's oversight and cost-recovery scope

Two amendments that are not yet in force will extend the Superintendent of Financial Institutions' administrative reach to include the Critical Cyber Systems Protection Act. Once in force, OSFI will be required to inc…