Laws & Regulation

OSFI --- OSFI is an independent agency of the Government of Canada. It reports to the Minister of Finance. OSFI employs some 400 full-time staff for its regulatory functions. About 58% of these people are involved in front-line supervisory activities, 22% are involved in supervisory support functions and 20% fulfill corporate services functions.

ICAAP --- Internal Capital Adequacy Assessment Process, whereby national regulators are employing Pillar 2 (and especially the Internal Capital Adequacy Process) to accelerate the changes mandated by Basel III, banks are under pressure to integrate their Pillar 1 and Pillar 2 processes to create a consistent and unified approach, and limit regulatory costs. Related PDF: McKinsey Working Paper on Risk, No. 27, Mastering ICAAP exitIcon

Saxo World ICAAP --- Saxo Bank issues regular ICAAP and Risk reports in compliance with Danish financial regulations.​

FSA ICAAP exitIcon --- ICAAP submissions – observations for Limited Licence Investment Firms

Bank of England --- The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694, nationalised on 1 March 1946, and in 1997 gained operational independence to set monetary policy.