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Office of the Superintendent of Financial Institutions (OSFI) in Canada releases a statement on application of IFRS 9

Office of the Superintendent of Financial Institutions (OSFI) in Canada releases a statement on application of IFRS 9

27 March 2020
The statement announces a comprehensive suite of adjustments to existing capital and liquidity requirements which are not appropriate in the current extraordinary circumstances to afford institutions further flexibility in addressing current conditions while promoting financial resilience and stability.
Please click to access the statement on the OSFI website.