Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Regulation | Sep 7, 2023
Image: Unsplash/Brxxto
The Office of the Superintendent of Financial Institutions (OSFI) recently announced its strategic roadmap to bolster the integrity and security of Canada's federally regulated financial institutions. This move, set to reshape the financial landscape, emphasizes the importance of both financial and non-financial risk management.
As OSFI continues to prioritize the security and integrity of Canada's financial institutions, these new provisions signify a proactive approach to risk management. Financial entities and stakeholders should anticipate a more rigorous and transparent regulatory environment, ensuring the continued trust and confidence in the Canadian financial system.
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