Canada: OSFI publishes findings from consultation with deposit-taking institutions
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The Office of the Superintendent of Financial Institutions (OSFI) has published findings from consultation with deposit-taking institutions.
OSFI had commissioned an independent research firm to consult with deposit-taking institution CEOs, CFOs and other senior executives.
Comprising of a series of confidential interviews, the purpose of the consultation was to help OSFI monitor its effectiveness in discharging key elements of its mandate.
Although OSFI is perceived to be effective in the overall discharge of its mandate, the outcome did reveal some areas for improvement.
A summary of the consultation findings is available here.