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Canada's Banking Regulator to Strengthen Control Amid Collapse of SVB, Media Reports - Vimarsana News

Canada's Banking Regulator to Strengthen Control Amid Collapse of SVB, Media Reports

The Office of the Superintendent of Financial Institutions (OSFI), Canada's national banking regulator, will intensify its monitoring of the country's banks after the collapse of the United States's Silicon Valley Bank (SVB), Canadian newspaper reported on Tuesday, citing sources familiar with the matter.