Stand the resilience test – OSFI adds to the operational resilience conversation
In line with measures other regulators have taken, OSFI released its final Guideline E-21 on operational risk and resilience, which outlines expectations for firms to prepare for and respond to disruptive events that could affect business operations.
OSFI Annual Risk Outlook: emerging risks in an evolving financial landscape
Canadian regulator, OSFI, has said that a culture of compliance is a “competitive advantage” in its 2023 Annual Risk Outlook. We take a look at four critical areas for the year ahead.