The Reporter provides a monthly summary of federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does   not address provincial financial services legislative and regulatory developments, although this information is tracked by BLG and can be provided on request. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered.

September 2013

Institution

Published

Title and Brief Summary

Status

OSFI

[Applicable to banks and trust and loan companies]

Issued — Sept 25, 2013

Final 2014 BCAR Return Changes

This return provides the capital to risk-based assets ratio and assets-to-capital multiple
of the reporting institution, as well as details of the calculation.

Effective

OSFI

[Applicable to insurance companies]

Issued — Sept 23, 2013

Memorandum to the Actuary (P&C)

The Memorandum outlines the guidelines and requirements for the actuaries who are required to prepare reports to be filed with the P&C-1 and P&C-2 annual returns and applies to federally regulated insurance companies and branches.

Effective

Expertise

Financial Services Sectors
Regulatory
Banking and Financial Services