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🇨🇦 OSFI Policy Statement

Bank of Canada and OSFI issue joint statement on use of the Bank's Standing Liquidity Facility

Bank of Canada and OSFI issue joint statement on use of the Bank's Standing Liquidity Facility

Why this matters

This is a joint statement from Bank of Canada and OSFI providing clarification on the purpose and use of the Standing Liquidity Facility (SLF) for Lynx payment system participants.

BankPayment Provider

OSFI launches quicker, clearer, more predictable approvals path for eligible new entrants

OSFI launches quicker, clearer, more predictable approvals path for eligible new entrants

Why this matters

OSFI announces a new streamlined approvals framework for eligible new entrants to the federal financial system, including innovative banking models and credit unions. This is informational content about regulatory process improvements rather than urgent compliance requirements.

BankFintechPayment Provider