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OSFI unwinding temporary rules for banks put in place to help weather the pandemic

OTTAWA The federal banking regulator is rolling back temporary changes it put in place last year to help the country’s banks weather the pandemic. The Office of the Superintendent of Financial Institutions says now that financial markets have stabilized, the rules regarding market risk capital requirements will also be returned to what they were […]

OSFI unwinding temporary COVID rules for banks

OSFI unwinding temporary COVID rules for banks
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Banking regulator unwinding temporary rules aimed at helping weather the pandemic

The Globe and Mail OTTAWA Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Fred Lum/The Globe and Mail The federal banking regulator is rolling back temporary changes it put in place last year to help the country’s banks weather the pandemic. The Office of the Superintendent of Financial Institutions says now that financial markets have stabilized, the rules regarding market risk capital requirements will also be returned to what they were before the pandemic.

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