Banks

Foreign Bank Branches

Trust and Loan Companies

Cooperatives

Life Insurance Companies & Fraternals

Property & Casualty Insurance Companies

Table of OSFI Guidelines

OSFI publishes guidelines, which are essentially best or prudent practices, that it expects financial institutions to follow. Guidelines are used to set standards to govern industry activities and behaviour. These include solvency standards (capital adequacy), prudential standards (large exposure limits, portfolio mix), and accounting standards (e.g., non-accrual loans, transfer of assets, etc.).

In 2002, a letter was sent to guideline manual holders, FRFIs, industry associations and provincial superintendents, explaining that paper-based notification of guidelines will be discontinued and invites users to become subscribers.

Capital Adequacy Requirements			Bank	FBB	T&L	Coop	L&F	P&C
A	Capital Adequacy Requirements, Basel II	Nov. 2007	*		*
A-1	Capital Adequacy Requirements	Nov. 2007	*		*
A	Capital Adequacy Requirements	Jan. 2001	*		*
A	Capital Adequacy Requirements	August 1994				*
A - Rev.	Minimum Continuing Capital and Surplus Requirements (revised)	Revised Oct. 2005					*
	Minimum Continuing Capital and Surplus Requirements	Revised Nov. 2006					*
	Innovative Instruments included in Tier 1 Capital (interim appendix to Guideline A, CAR)	Aug. 2001					*
A	MCT	July 2003						*
A	MCT 2007	Jan. 2007						*
A-2	Capital Regime for Regulated Insurance Holding Companies and Non-Operating Life Companies	July 2005					*
A-2	Branch Adequacy of Assets Test	Dec. 2002						*
A-2	Branch Adequacy of Assets Test for 2007	Jan. 2007						*
A-3	Transitional Period Capital Floor Requirement for Institutions Using the Internal Ratings Based Approach to Credit Risk	Nov. 2007	*		*
A-10	Capital Equivalency Deposit (Appendices revised April 2002)	Jan. 2000		*

Guidelines B-8, and B-12 are now located under Sound Business and Financial Practices

Prudential Limits and Restrictions			Bank	FBB	T&L	Coop	L&F	P&C
B-1	Prudent Person Approach	Jan. 1993	*		*	*	*	*
B-2	Large Exposure Limits	Dec. 1994	*	*	*
B-2	Large Exposure Limits	Aug. 2003					*
B-2	Investment Concentration Limit	Mar. 1994						*
B-3	Classification of Loans Guaranteed by Parent Bank	Apr. 1991	*
B-3	Unregistered Reinsurance	Feb. 1997					*
B-4	Securities Lending	Sept. 1996						*
B-4	Securities Lending	Feb. 1997					*
B-4	Securities Lending	Sept. 1996	*	*	*	*
B-5	Asset Securitization accompanying letter	Nov. 2004	*	*	*	*	*	*
B-5A	Asset Securitization	Jan. 2000		*
B-6	Liquidity	Dec. 1995	*		*
B-7	Derivatives Best Practices	May 1995	*	*	*	*	*	*
B-9	Earthquake Exposure Sound Practices & Annexes	May 1998						*
B-10	Outsourcing of Business Activities, Functions and Processes	Dec. 2003	*	*	*	*	*	*
B-11	Pledging	May 2003	*		*	*	*	*
B-13	Reinsurance Agreements [Draft]	Dec 2006					*	*
E-2	Commercial Lending Criteria	Jun. 1992			*	*	*
E-2A	Commercial Lending Restrictions - Foreign Life & Foreign Fraternals	Sept. 1993					*
E-6	Materiality Criteria for Related Party Transactions	Oct. 1993					*
E-6	Materiality Criteria for Related Party Transactions	Dec. 1993						*
E-6	Materiality Criteria for Related Party Transactions	May 1999	*		*	*

Accounting for Problem Loans

Bank

FBB

T&L

Coop

L&F

P&C

C-1

Impaired Loans

Jul. 2004

C-5

General Allowances for Credit Risk

Oct. 2001

Revised Nov. 2007

Accounting - General			Bank	FBB	T&L	Coop	L&F	P&C
D-1	Annual Disclosure Requirements	Oct. 2006	*	*	*	*
D-1A	Annual Disclosure Requirements	Oct. 2006					*
D-1B	Annual Disclosure Requirements	Oct. 2006						*
D-2	Accounting for READC Project Financing	May 1994	*	*	*	*
D-3	Accounting for NHA-insured MBS	Oct. 2002	*	*	*	*	*	*
D-4	Transfers of Financial Assets with Recourse	Oct. 2002	*	*	*	*	*	*
D-5	Accounting for Structured Settlements	Oct. 2006						*
D-6	Derivatives Disclosure	Oct. 2006	*	*	*	*	*	*
D-7	Accounting for Reinsurance of Short Term Contracts	Feb. 1998						*
D-8	Accounting for Transfers of Receivables Including Securitizations	Oct. 2006	*	*	*	*	*	*
D-9	Source of Earnings Disclosure (Life Insurance Companies)	Dec. 2004					*
D-10	Accounting for Financial Instruments Designated as Fair Value Option	Feb. 2007	*	*	*	*	*	*

Guideline E-1 is now located under Other Application Guides
Guidelines E-2, E-2A and E-6 are now located under Prudential Limits and Restrictions
Guidelines E-4, E-5, E-10, E-12, E-13, E-14 and E-15 are now located under Sound Business and Financial Practices

Sound Business and Financial Practices Bank FBB T&L Coop L&F P&C

Corporate Governance Guideline Jan. 2003 * * * * * *

B-8 Deterring & Detecting Money Laundering Nov. 2004 * * * * *

B-12
Guideline - Interest Rate Risk (IRR) Management
Feb. 2005 * *

E-4A Role of the Canadian Chief Agent & Record Keeping Requirements
Nov. 1992

Revised Nov. 2005
* *

E-4B Role of the Principal Officer and Record Keeping Requirements Nov. 2005 *

E-5 Retention/Destruction of Records May 1993 *

E-10 Use of Depositories by Insurance Companies Dec. 1996 * *

E-12 Inter-segment Notes for Life Insurance Companies Jul. 2004 *

E-13 Legislative Compliance Management (LCM) Guideline Mar. 2003 * * * * * *

E-14 Role of the Independent Actuary Jan.2004 *

E-15
Appointed Actuary: Legal Requirements, Qualifications and External Review
Nov. 2006 * *

E-17
Assessments of Responsible Persons by FREs [Draft]
May 2007 * * * * * *

Standards of Sound Business and Financial Practices for Life Insurance Companies

F1-F12
Rescinded August 22, 2005 - Letter
Standards F1 - F12 for reference only

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E-mail: extcomm@osfi-bsif.gc.ca

Last updated: 2007-10-31	Important Notices