Independent government agency that reports to Canadian Parliament through the Minister of Finance.
OSFI Home Page
The Office of the Superintendent of Financial Institutions Canada (OSFI) is the primary regulator and supervisor of federally regulated deposit-taking institutions, insurance companies, and federally regulated private pension plans.
Key Facts
The (OSF) is a federal agency established in 1987 under the
Office of the Superintendent of Financial Institutions Act whose mandate is to: supervise all federally regulated financial institutions; monitor federally regulated pension plans; and provide actuarial advice to the Government of Canada.
Who it affects
Deposit-taking institutions and insurance companies doing business in Canada.
Additional Information
Frequently Asked Questions
Wikipedia Entry
http://en.wikipedia.org/wiki/Office_of_the_Superintendent_of_Financial_Institutions