Canada regulatory roundup: OFSI cuts red tape, CIRO discovers cyber breach

This week’s highlights in Canadian financial regulation.

In an open letter to regulated institutions, the Office of the Superintendent of Financial Institutions (OSFI) has unveiled a revised policy plan concerning its guidance and supervisory activities for federally regulated banks, life insurance companies, and not‑for‑profit insurance issuers.

The plan aligns with the Canadian government’s Red Tape

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