Traduction de «OSFI » (Anglais → Français) :

OSFI Advisory Board

CBA/CDIC/OSFI Liaison Task Force

Joint OSFI/CDIC Information Systems Steering Committee

OSFI was established on July 2, 1987, by the Office of the Superintendent of Financial Institutions Act, OSFI Act. Under the OSFI Act, the superintendent is solely responsible for exercising the authorities provided by various federal financial and pension legislation.

Question No. 174 Mr. Rodger Cuzner: With respect to segregated fund products (also known as variable annuities) and the decision by the Office of the Superintendent of Financial Institutions Canada (OSFI) to decrease the amount of funds required for capital models of these products: (a) why did OSFI decide to change the required amount of capital insurance companies must hold in order to make future payments; (b) what additional investment risks are assumed by Canadian investors as a result of this policy change; (c) has OSFI requested as quid pro quo that senior management of insurance companies reduce the compensation and bonuses the ...[+++]y receive until capital requirements are restored to previous levels; and (d) was OSFI lobbied by then President and Chief Executive Officer of Manulife Financial, Mr. Dominic D'Alessandro, to make the decision?

Question No. 226 Hon. Roy Cullen: With regard to collateralized debt obligations (CDO’s) and the sub-prime mortgage credit crisis in the North American financial sector: (a) in 2007, was the Office of the Superintendent of Financial Institutions (OSFI) aware of the exposure of financial institutions in Canada to CDO’s, and specifically sub-prime mortgages; (b) when it became aware of the exposure of Canadian banks to sub-prime mortgages, how did OSFI evaluate the risk of these CDO’s in the context of the solvency, liquidity and stability of Canada’s financial institutions; (c) did OSFI undertake any sensitivity analysis to assess the i ...[+++]mpact of factors such as interest rate changes, economic slowdown or job losses and property market declines on the viability of sub-prime mortgages; (d) were CDO’s adequately secured or insured by Canada’s chartered banks, and were these CDO instruments appropriately rated by the rating agencies; (e) given the recent losses or write downs by chartered Canadian banks, what action is the OSFI taking to safeguard Canada’s financial sector, its depositors and shareholders; and (f) what steps is the Minister of Finance taking to address this issue, and to ensure that this type of situation does not occur again?

Question No. 9 Ms. Chris Charlton: With regard to the mandate of the Office of the Superintendent of Financial Institutions (OSFI): (a) what criteria are used by the OSFI in determining whether the pension contributions by a company can be reduced; (b) what criteria are used by the OSFI in determining by how much a company's pension contributions can be reduced; (c) what criteria are used by the OSFI when determining whether the pension payouts by a company can be reduced; and (d) what criteria are used by the OSFI in determining by how much a company's pension payouts can be reduced?