OTTAWA, ON, Dec. 7, 2020 /CNW/ - The Office of the Superintendent of Financial Institutions will make its semi-annual Domestic Stability Buffer (DSB) level-setting announcement on December 8, 2020 at 8:00 a.m. (ET).
OSFI reviews and sets the level of the Domestic Stability Buffer on a semi-annual basis (June and December), based on its ongoing monitoring of federally regulated financial institutions as well as system-wide and sectoral developments.
OSFI may adjust the buffer in between scheduled review dates if circumstances require. For example, OSFI reduced the DSB on March 13, 2020 as part of its response to the COVID-19 situation.
Following the DSB announcement, OSFI officials will be available to media by teleconference at 9:00 a.m. (ET) to respond to questions regarding the announcement.
This availability is for accredited media only. Please submit accreditation requests for this availability to [email protected] by December 7 at 4:00 p.m. (ET).
OSFI will provide accredited media with teleconference dial-in details following registration.
We welcome questions in advance and will be answering them in the order received. Please send your questions to [email protected] by December 8 at 9:00 a.m. (ET). You will also have the opportunity to ask questions by phone during the briefing.
You can follow us on Twitter @OSFICanada.
SOURCE Office of the Superintendent of Financial Institutions
OSFI - Public Affairs, [email protected], 343-550-9373
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