In 2001, OSFI created the International Advisory Group (IAG) to assist selected emerging market economies in enhancing their supervisory systems. Our commitment represents a practical and effective means of contributing to international financial stability.
IAG provides technical assistance, primarily to supervisors in the Caribbean, Asia and Latin America, in the areas of bank and insurance company supervision and regulation. The Canadian International Development Agency (CIDA) provides funding for IAG; however, for jurisdictions that do not qualify for CIDA assistance, IAG operates on a cost-recovery basis.
IAG provides hands-on technical advice, training, workshops and seminars. Where possible, programs are delivered on a regional basis, in partnership with other organizations, such as the: Financial Stability Institute; Toronto International Leadership Centre for Financial Sector Supervision (Toronto Centre); International Association of Insurance Supervisors (IAIS); Caribbean Regional Technical Assistance Centre (CARTAC); South East Asian Central Banks (SEACEN) Research and Training Centre; Association of Supervisors of Banks of the Americas (ASBA); and others.
For more information on OSFI's technical assistance program and the types of things we do, please refer to the IAG information brochure.
OSFI/Toronto Centre Training Seminars: As part of the technical assistance program, funded by the Canadian International Development Agency (CIDA), OSFI's International Advisory Group (IAG) is pleased to partner with the Toronto Centre on their International Programs in Toronto, Canada. We warmly extend an invitation to International Regulators whose mandate includes the supervision of financial institutions to participate in one of these sessions.