OSFI definition
Examples of OSFI in a sentence
For regulatory reporting purposes, the numbers are further adjusted for various additions or deductions to capital as mandated by the guidelines used by OSFI.
None of the accounting requirements of OSFI are exceptions to International Financial Reporting Standards (“IFRS”).
Firstly, the company carries out an annual Internal Capital Adequacy Assessment Process (ICAAP) as required by OSFI.
Pursuant to legislation currently in place, OSFI has no legal or constructive obligation to pay further contributions with respect to any past service or funding deficiencies of the Plan.
Under MCT, companies calculate an MCT ratio of regulatory capital available to regulatory capital required using a defined methodology prescribed by OSFI in monitoring the adequacy of a company’s capital.