Canada OSFI
**Overview:
**The Canada OSFI (Office of the Superintendent of Financial Institutions) dataset provides insights into the regulation, approvals, and risk assessment activities carried out by Canada's financial institutions. It is essential for assessing regulatory compliance, risk management practices, and corporate governance structures.
Canada OSFI Official Source Data
| Attribute | Details |
|---|---|
| Full Form | Office of the Superintendent of Financial Institutions (Canada OSFI) |
| Departments Involved | Legal, Compliance, Finance |
| Key Risks Identified | Regulation, approvals, precedents, risk assessment and intervention, capital adequacy, liquidity management, corporate governance, operational risk, market risk, credit risk, cyber security, AML compliance, and climate-related financial risks. |
| Focus Areas | Assessment of capital and liquidity levels, Evaluation of risk management practices, Internal controls, Corporate governance review, Regulatory compliance monitoring |
| Source | Canada OSFI https://www.publicsafety.gc.ca/cnt/_xml/lstd-ntts-eng.xml |
| Period Source | - |
| Used For | Litigation history, Defaulter & Blacklist mentions, Promoter & Related Party quality assessments |
**Data Management and Maintenance
**The Canada OSFI dataset is updated when something new is added, fetching the entire source each time to ensure completeness. It covers a wide range of risks including capital adequacy, liquidity, and corporate governance issues. Data is stored locally, with backups on S3, and managed in MySQL for efficient access.
**Compliance and Regulatory Framework
**This dataset supports compliance with Canada's regulatory standards and helps in risk management by providing real-time updates on financial institutions' regulatory statuses. It assists in tracking operational risks, governance practices, and regulatory interventions.