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OSFI’s Annual Risk Outlook – Fiscal Year 2023-2024
… environment. Strong and well-developed risk measurement, management, and internal challenge functions are critical to … If markets were to tighten and clients begin holding cash reserves, liquidity draws are of particular concern for … non-public supervisory minimums (e.g., net cumulative cash flow metric for liquidity) which can be set to higher levels …
Life Insurance Return – Section II – Filing Requirements
… Interrogatories (Foreign insurers) 20.050 – Statement of Cash Flows 20.060 – Notes to Financial Statements 21.040 – … – Substantial Investments 21.140 – Principal Custodians of Cash and Invested Assets 22.040 – Subordinated Debt (Quebec) …
Replicating Portfolio Information Summary
… the establishment of a portfolio of assets that produces cash flows that match the expected benefit payments to plan … downgrade on line 019, fifth column. Line 025 – Investment management expenses Enter in negative percentage format (2 decimal places) the margin for investment management expenses. Line 026 – Administration expenses Enter …
Deposit Liabilities (K4)
… in this return conforms with the definitions of financial flow sector accounts detailed in the attached Definition of Financial Flow Sectors. This concept is also used in the Non-Mortgage … through a third-party or through the FRFI's own wealth management/discount brokerage platforms. Year-to-date numbers …
Physically Settled Commodity Trading
… a specified period. The transaction would unfold under cash settled and physically settled arrangements as follows: Cash settled arrangement — The producer would enter into a … trading arrangements to provide economic or financial risk management: the FRFI is holding “transitory title” to the …
Opening Remarks by Chief Actuary Assia Billig, Office of the Chief Actuary, OSFI at the Canada Pension Plan (CPP) Virtual Seminar
… the existing base and additional CPP assets, projected net cash flows (contributions less expenditures), and the …
Mortgage Insurer Capital Adequacy Test - Filing Instructions
… I - International Financial Reporting Standards" of the CPA Canada Handbook. The expectations of the mortgage insurer …
Actuarial Report on the Government Annuities as at 31 March 2021
… liabilities, full details on the members as well as on the cash flows that occurred within the year are needed. B. … interest at 7% on the 1 April 2020 value and adjusting for cash inflows and outflows also at 7% annual interest rate. V. … an external audit of the Account as at 31 March 2014, ESDC management asked the OCA to conduct a mortality experience …
Financial reporting instructions
… Test (MICAT) Mortgage Loans Report (E2) Net cumulative cash flow reporting manual (NCCF) Net Stable Funding Ratio Reporting (DT1) Non Mortgage Loans (A2) Operating Cash Flow Statement (OCFS) Operational Loss Event Data …
Longevity Insurance and Longevity Swaps
… and would require the counterparty to pledge assets (e.g. cash or securities pledged in respect of any net obligation … capital adequacy requirements; and the prudential and risk management requirements of the counterparty. Rollover Risk …
Internal Audit Report on Insurance Supervision Sector - Mortgage Insurance Group
… of Financial Institutions Canada’s (OSFI) risk management, control, and governance processes, as designed … approach and allocation of resources; The logic and flow of MIG’s supervisory documentation clearly supported … the business activities of the institutions, the logic and flow of the information and supervisory assessments were not …
Discussion with Ben Gully on OSFI’s supervisory approach
… is about assessment. It's about promoting good risk management practices. And where we don't see things that make … we look forward. And if I can just expand on each briefly. Cash speaks to the ability to pay obligations as they come … the financial contingency plans that you have for cash and capital as well. So, the 4Cs I think are very …
Internal Audit Report on Supervision of Life Insurance Non-Conglomerate Institutions
… of Financial Institutions Canada’s (OSFI’s) risk management, control, and governance processes, as designed … Specifically, the audit assessed whether: The logic and flow of documentation clearly supported the rationale for the … profile is considered a critical control. The logic and flow of the documentation reviewed could be strengthened to …
Instructions to complete ICAAP data return
… of limits which are all approved by the Board (Board, Management, Operating, etc.), indicate the limit that is … capital targets/regulatory minimums. Column #003 {Management Limit} – Indicate the internal capital limit … in interest rates on a DTI's earnings, economic value, and cash flows arising from its interest-sensitive assets, …
OSFI’s Review of Reputation Risk Practices - Principles, Observations and Next Steps – Discussion paper (2005)
… basic principles associated with reputation risk management, highlight observations from OSFI’s work in this … reviews. In 2004, OSFI reviewed reputation risk management practices at selected federally regulated … to enhance OSFI’s understanding of reputation risk management practices and the control systems used by FRFIs. …