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🇨🇦 OSFI Guidance Urgency: high Significant

Backgrounder: Insurance regulatory returns update due to IFRS 18

Backgrounder: Insurance regulatory returns update due to IFRS 18

Why this matters

OSFI has published final (not draft) regulatory return templates mandating updated reporting formats for federally regulated insurers effective January 1, 2027 (or November 1, 2027 for October 31 fiscal year-ends).

Insurance
🇨🇦 OSFI Guidance Urgency: high Significant

Backgrounder: Final Guideline B-12 – Interest Rate Risk Management

Backgrounder: Final Guideline B-12 – Interest Rate Risk Management

Why this matters

This is a final regulatory guideline (not consultation) that establishes binding obligations for Canadian banks to implement updated interest rate shock scenarios and earnings measurement approaches.

Bank