Le Reporter (publié en anglais seulement) est un sommaire mensuel de l’évolution des législations et réglementations internationales et fédérales canadiennes qui sont pertinentes pour les institutions financières de régime fédéral au Canada. Il ne traite pas de l’évolution législative ou réglementaire des services financiers provinciaux, bien que BLG suive de près tout changement dans ce secteur et puisse, sur demande, fournir de l’information à ce sujet. De plus, les modifications de nature purement technique et administrative (comme celles qui sont apportées aux formulaires de rapport) ne sont pas traitées.
Avril 2018
Institution |
Published |
Title and Brief Summary |
Status |
Financial Stability Board ("FSB") |
Governance arrangements for the unique product identifier ("UPI"): second consultation document This consultation document sets out proposed governance arrangements for a global unique product identifier ("UPI") designed to facilitate effective aggregation of transaction reports about over-the-counter ("OTC") derivatives markets. The primary purpose of the UPI is to identify the product that is the subject of an OTC derivatives transaction. This would allow authorities to aggregate trade reporting data not only to consider institution-specific risks but also to consider system-wide risks. |
Comments should be provided by May 28, 2018. |
|
Finance |
April 18, 2018 (Gazette) |
Bank Recapitalization (Bail-in) Conversion Regulations, SOR/2018-57; Bank Recapitalization (Bail-in) Issuance Regulations, SOR/2018-58;and Compensation Regulations, SOR/2018-59
The Bail-in Conversion Regulations and the Bail-in Issuance Regulations apply only to systemically important banks; however, the Compensation Regulations apply to all CDIC federal member institutions. |
Effective September 23, 2018 |
OSFI |
TLAC requirements are designed to ensure a D-SIB has sufficient loss absorbing capacity to support its recapitalization in the unlikely event of a failure. |
Effective September 23, 2018 |
|
OSFI |
Changes to Guideline A – Capital Adequacy Requirements ("CAR") The changes to the CAR guideline, which consist primarily of revisions to Chapter 2, implement the amendments to Basel III. OSFI has further determined that it is appropriate to extend the Basel III treatment to holdings of Other TLAC instruments issued by Canadian domestic systemically important banks ("D-SIBs"). |
Effective Changes relating to holdings of Other TLAC instruments effective in Q1 2019. |
Disclaimer
This Reporter is prepared as a service for our clients. It is not intended to be a complete statement of the law or an opinion on any subject. Although we endeavour to ensure its accuracy, no one should act upon it without a thorough examination of the law after the facts of a specific situation are considered.
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