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ARTICLE · 13 AUGUST 2018

OSFI Proposes Changes To The Leverage Requirements Guideline

Norton Rose Fulbright Canada LLP
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The Office of the Superintendent of Financial Institutions has released proposed revisions to the Leverage Requirements guideline in order to align with upcoming modifications to Chapter 4 (Settlement and Counterparty Risk) and ...

CanadaFinance and Banking
Daniel Leslie
Daniel Leslie
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The Office of the Superintendent of Financial Institutions (OSFI) has released proposed revisions to the Leverage Requirements (LR) guideline in order to align with upcoming modifications to Chapter 4 (Settlement and Counterparty Risk) and Chapter 7 (Securitization) of the Capital Adequacy Requirements (CAR) guideline.

The LR set out the framework for the leverage ratio, which provides an overall measure of the adequacy of an institution's capital and serves as a supplementary measure to the risk-based capital requirements specified in the CAR guideline. As stated in our previous post, the Basel III reforms also include revisions to the Basel III leverage ratio framework.

The proposed revisions to the LR guideline are as follows:

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