Draft guidance

Before publishing a final copy of guidelines and other guidance pieces, we post a draft version for industry partners to review and comment on. These drafts are available for a limited time.

List of draft guidance for consultation

Publications	Closing date
Life Insurance Capital Adequacy Test (LICAT) 2025 – Letter Life Insurance Capital Adequacy Test – Filing Instructions (2025) Life Insurance Capital Adequacy Test – Guideline (2025) Life Insurance Capital Adequacy Test (2025) – Chapter 1 Overview and General Requirements Life Insurance Capital Adequacy Test (2025) – Chapter 2 Available Capital Life Insurance Capital Adequacy Test (2025) – Chapter 5 Market Risk Life Insurance Capital Adequacy Test (2025) – Chapter 6 Insurance Risk Life Insurance Capital Adequacy Test (2025) – Chapter 7 Segregated Fund Guarantee Risk Life Insurance Capital Adequacy Test (2025) – Chapter 8 Operational Risk Life Insurance Capital Adequacy Test (2025) – Chapter 9 Participating and Adjustable Products Life Insurance Capital Adequacy Test (2025) – Chapter 10 Credit for Reinsurance Life Insurance Capital Adequacy Test (2025) – Chapter 11 Aggregation and Diversification of Risks Life Insurance Capital Adequacy Test (2025) – Chapter 12 Life Insurers Operating in Canada on a Branch Basis Regulatory Capital and Internal Capital Targets (2025) - Draft Parental Stand-Alone (Solo) Capital Framework for Federally Regulated Life Insurers (2025) - Draft Key Metrics Report – Life insurers Instructions (2025) - Draft	2024-10-22
Public disclosure of crypto-asset exposures	2024-10-22
OSFI consults on updates to the Liquidity Adequacy Requirements Guideline Liquidity Adequacy Requirements (LAR) - Guideline (2025) Liquidity Adequacy Requirements (LAR) (2025) Chapter 1 – Overview Liquidity Adequacy Requirements (LAR) (2025) Chapter 3 – Net Stable Funding Ratio Liquidity Adequacy Requirements (LAR) (2025) Chapter 4 – Net Cumulative Cash Flow Liquidity Adequacy Requirements (LAR) (2025) Chapter 7 – Intraday Liquidity Monitoring Tools	2024-08-30
Small and Medium-Sized Deposit-Taking Institutions (SMSBs) Capital and Liquidity Requirements – Guideline (2025)	2024-08-30
Draft Guideline E-23 – Model Risk Management	2024-03-22
OSFI consults on disclosure of FRFIs' crypto-asset exposures	2024-01-31
OSFI guideline on the regulatory capital and liquidity treatment of crypto-asset exposures (Banking) – Draft guideline	2023-09-20
OSFI guideline on the regulatory capital treatment of crypto-asset exposures (Insurance) – Draft guideline	2023-09-20
Draft guideline - Culture and Behaviour Risk	2023-05-31
Internal Model Oversight Framework - Guideline (2019)	2019-08-30
Materiality Criteria for Related Party Transactions – Draft guideline (2008)	2008-10-15

Date modified:: 2024-08-22