​​

The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian 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.

July 2014

Institution

Published

Title and Brief Summary

Status

OSFI

[Applicable to banks, retail  associations, and trust and loan companies]

Issued –  July 30, 2014

Leverage Requirements (LR) Draft Guideline

The draft Leverage Requirements Guideline transposes leverage requirements issued by the Basel Committee on Banking Supervision (BCBS) into OSFI guidance.

Effective January 1, 2015

OSFI

[Applicable to banks]

Issued –  July 16, 2014

Final Guideline D-11 – Public Disclosure   Requirements for Domestic Systemically  Important Banks on Liquidity Coverage Ratio
The publication sets out a common disclosure framework to ensure that LCR information is publically disclosed in standardized formats across and within jurisdictions to help users consistently assess a bank’s liquidity risk position specific to the LCR.

Effective beginning with the Q2, 2015 reporting period.

Expertise

Financial Services Sectors
Banking and Financial Services
Regulatory