OSFI requires each bank to provide a quarterly report that includes the notional amounts, type, maturity, and risk weight equivalent of off-balance-sheet derivatives.

Question

Quizplus · Accepted Answer

This statement is true. OSFI, the Office of the Superintendent of Financial Institutions, mandates that all federally regulated Canadian banks must provide quarterly reports that include information on off-balance-sheet derivatives, such as notional amounts, types, maturities, and risk weight equivalents.

OSFI Requires Each Bank to Provide a Quarterly Report That