Regulator Roulette
This OSFI guideline outlines the Regulatory Compliance Management (RCM) expectations.
What is OSFI Guideline E-13?
These are 3 examples of Canadian challenger banks.
EQ Bank, Wealthsimple, KOHO, Neo Financial, Tangerine Bank, and Simplii Financial
This partner was recently was featured in an art show.
Who is Carolyn?
SR&T FSI Reg has been around for this many years.
What is 2 years?
OSFI updated this key regulatory filing, effective 2027.
What is E-23 Model Risk Management?
SMSBs with more than 10B of assets in average and subsidiaries of D-SIBs.
What are Category 1 Banks?
This partner was called as an expert witness to testify on behalf of Deloitte.
Who is Victoria?
This person has been in FSI Regulatory Compliance the LONGEST.
Who is Victoria?
FCAC expects banks to resolve or close consumer complaints within this non-pausable prescribed period
What are 56 days?
This is the ranking of the 6 D-SIB Canadian banks by asset size.
What is 1) RBC, 2) TD, 3) BMO, 4) Scotiabank, 5) CIBC, and 6) National?
This partner's favourite k-pop group is Katseye.
Who's Betty?
This person is the most recent partner to join our FSI Reg team.
Who is Cecilia?
This OSFI Superintendent announced the June 2026 Domestic Stability Buffer (DSB) cut and told reporters the message to banks was: "take risk."
Who is Peter Routledge?
OSFI’s big-bank capital “seatbelt” was lowered in June 2026 from 3.5% to 3.0% of RWA, bringing the D-SIB Common Equity Tier (CET) 1 target to at least 11.0%.
What is the Domestic Stability Buffer (DSB)?
This partner has previously worked for Deloitte Switzerland.
Who is Karen?
This is the number of colleagues that are manager level and below on our team (FSI Reg only).
What is 46?
In 2024, this Canadian Big Six bank became the first FRFI hit with an OSFI Administrative Monetary Penalty ($9.2M), foreshadowing a much larger U.S. AML enforcement action later that year.
What is TD bank?
If a Canadian D-SIB becomes non-viable, Canadian Deposit Insurance Corporation (CDIC) can use this toolkit to keep it open and recapitalize it by converting certain long-term debt into equity.
What is bail-in under CDIC’s Enhanced Financial Institution Restructuring Powers (E-FIRP)?
This partner is an avid knitter.
Who is Judit?
This is what many would consider FSI Reg's most defining piece of work in recent history?
What is TD Road to Strong? (Up to debate between teams - best debate wins)