Articles: 21-30 of 41
OSFI continues building climate resilience with revised expectations for climate related disclosure
Canada - April 22 2024 On March 20, 2024, the Office of the Superintendent of Financial Institutions Canada (OSFI) revised Guideline B-15: Climate Risk Management…
Ontario Court of Appeal reverses decision in Gagne v. Ivari: Implications for insurer oversight and consumer protection
Canada - March 18 2024 On February 2, 2024, the Ontario Court of Appeal released its decision in the case Gagne v. Ivari. The decision overturned a motion judge’s ruling…
Recent regulatory updates: OSFI releases final Integrity and Security Guideline and amendments to Guideline B-10 and Guideline B-13
Canada - March 4 2024 On January 31, 2024, the Office of the Superintendent of Financial Institutions (Canada) (OSFI) released the final version of the Integrity and…
New Brunswick introduces licensing exemption for the adjustment of pet insurance claims
Canada - January 10 2024 On January 4, 2024, the New Brunswick Superintendent of Insurance (the NB Superintendent) introduced Blanket Order INS-2024-01 (Exemption of…
OSFI publishes adjustments and clarifications to the Minimum Capital Test
Canada - January 4 2024 On December 14, 2023, the Office of the Superintendent of Financial Institutions (Canada) (OSFI) published adjustments and clarifications to the 2024…
OSFI’s next area of focus: Business continuity and disaster recovery planning for federally regulated financial institutions
Canada - December 7 2023 On November 10, 2023, the Office of the Superintendent of Financial Institutions (OSFI) released a supervisory letter to underscore the importance of…
FSRA introduces life insurance agent and MGA licensing suitability guidance for public consultation
Canada - November 29 2023 On November 21, 2023, the Financial Services Regulatory Authority of Ontario (FSRA) introduced the Life Insurance Agent & MGA Licensing Suitability…
Changes to licensing required for insurance intermediaries conducting business in the Yukon
Canada - November 21 2023 This past summer, the Yukon Professional Licensing and Regulatory Affairs (the Yukon Regulator) launched a new insurance agency licence (Agency…
OSFI introduces new guidelines for use of Letters of Credit by Federally Regulated Insurers
Canada - November 17 2023 On November 8, 2023, the Office of the Superintendent of Financial Institutions Canada (OSFI) issued revised general guidelines for the use of…
OSFI releases drafts for Guideline E-21 and the Integrity and Security Guideline
Canada - October 20 2023 On October 13, 2023, the Office of the Superintendent of Financial Institutions (Canada) (OSFI) released two Draft Guidelines: (1) anIntegrity and…
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