The Office of the Superintendent of Financial Institutions was created July 2, 1987 by consolidating Canada's Department of Insurance and the Office of the Inspector General of Banks, operating as an independent federal agency reporting to the Minister of Finance. It is the sole regulator of banks and the primary regulator of insurance companies, trust companies, loan companies and pension plans in Canada, and it operates the Domestic Stability Buffer tool requiring the country's largest banks to hold additional capital reserves.
Facts
Geography
Country or Jurisdiction ServedWikidata Q7079419, property P17 (country). Founding YearSourced to the subject's own account Founding DateSourced to the subject's own account Classification
Institution SubtypeSourced to the subject's own account In the Other Atlases
- Also in Geography Atlas: Canada, located there.
Sources
1. Office of the Superintendent of Financial Institutions (Wikipedia)
WikipediaInfobox (Formed)
July 2, 1987
Introduction, institution-subtype
It is the sole regulator of banks and the primary regulator of insurance companies, trust companies, loan companies and pension plans in Canada, and it operates the Domestic Stability Buffer tool requiring the country's largest banks to hold additional capital reserves.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Office of the Superintendent of Financial Institutions
Wikidata Q7079419, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
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