Alternative Method for Life Insurance Companies that Determine the Segregated Fund Guarantee Capital Requirement Using Prescribed Factors

Maintaining guidance documents that no longer align with their purpose may result in ineffective use of resources. Rescinding such guidance documents enables both OSFI and industry to focus on the right risks in a timely manner. Find out more about the background of this initiative .

Please contact information@osfi-bsif.gc.ca if you require a copy of a rescinded guidance document for reference purposes.

List of rescinded guidance documents

Guidance documents listed in the following table have been identified as outdated, redundant, or no longer well-aligned with our mandate. They will be rescinded and removed from the website by the specified effective rescission date.

Title

Type

Rescinded

B-1 Prudent Person Approach (1993)

Guideline

April 1, 2025

B-2 Investment Concentration Limit for Property and Casualty Insurance Companies (1994)

Guideline

April 1, 2025

B-3 Sound Reinsurance Practices and Procedures (2010)

Guideline

April 1, 2025

B-3 Classification of Loans Guaranteed by a Parent of the Bank (1991)

Guideline

April 1, 2025

Capital Disclosure Requirements (revised 2018)

Guideline

April 1, 2025

D-11 Public Disclosure Requirements for Domestic Systemically Important Banks on Liquidity Coverage Ratio (2014)

Guideline

April 1, 2025

D-12 Leverage Ratio Disclosure Requirements (2018)

Guideline

April 1, 2025

Data Maintenance at TSA & AMA Institutions (Implementation Note) (2006)

Advisory

April 1, 2025

Deferral of IFRS 9 Application for Federally Regulated Life Insurers (2017)

Advisory

April 1, 2025

E-5 Retention/Destruction of Records (1993)

Guideline

April 1, 2025

External Audit Quality Initiatives – Deposit-taking Institutions (2014)

Advisory

April 1, 2025

External Audit Quality Initiatives – Insurers (2014)

Advisory

April 1, 2025

Global systemically important banks – Public disclosure requirements (2021)

Advisory

April 1, 2025

IFRS 17 Transition and Progress Report Requirements for Federally Regulated Insurers (2018)

Advisory

April 1, 2025

Oversight Expectations for TSA & AMA Institutions (2006)

Advisory

April 1, 2025

Revised Guidance for Companies that Determine Segregated Fund Guarantee Capital Requirements Using an Approved Model (2010)

Advisory

April 1, 2025

Securitization – Large Exposure Issues Pertaining to Liquidity Support Facilities (2005)

Advisory

April 1, 2025

Supplementary Information for Life Insurance Companies that Determine Segregated Fund Guarantee Capital Requirements Using an Approved Model (2009)

Advisory

April 1, 2025

Supplementary Guidance for the Treatment of Participating Insurance in Guideline A: LICAT (2020)

Advisory

April 1, 2025

Value-at-Risk (VaR) Models Validation and Approvals of Model Modifications Capital Adequacy Requirements, Guideline A, Part II (Guidance Note 2001)

Advisory

April 1, 2025

Alternative Method for Life Insurance Companies that Determine the Segregated Fund Guarantee Capital Requirement Using Prescribed Factors

Advisory

December 31, 2025

Asset Securitization - (2018)

Guideline Impact Analysis Statement

December 31, 2025

B-12 Interest Rate Risk Management –(2019)

Guideline Impact Analysis Statement

December 31, 2025

B-2 Large Exposure Limits (D-SIBs) – (2019)

Guideline Impact Analysis Statement

December 31, 2025

Background Checks on Directors and Senior Management of FREs - (2008)

Guideline Impact Analysis Statement

December 31, 2025

Background Checks on Directors and Senior Management of FREs - (2008)

Letter

December 31, 2025

Breaking down Basel III

Backgrounder

December 31, 2025

Capital treatment of BDC Guarantee under the Highly Affected Sectors Credit Availability Program

Letter

December 31, 2025

Derivatives Sound Practices - (2014)

Guideline Impact Analysis Statement

December 31, 2025

Earthquake Exposure Sound Practices - (2013)

Guideline Impact Analysis Statement

December 31, 2025

Enterprise-Wide Model Risk Management Guideline - (2017)

Guideline Impact Analysis Statement

December 31, 2025

Enterprise-Wide Model Risk Management Guideline - (2017

Letter

December 31, 2025

Foreign Bank Branch Deposit Requirement Guideline (Guideline A-10)

Guideline Impact Analysis Statement

December 31, 2025

Guide to Intervention for Federally Regulated Deposit-Taking Institutions

Letter

December 31, 2025

Guide to Intervention for Federally Regulated Life Insurance Companies

Letter

December 31, 2025

Guideline B-11 on Pledging

Letter

December 31, 2025

Internal Model Oversight Framework - (2019)

Guideline Impact Analysis Statement

December 31, 2025

Leverage Requirements Guideline – (2023)

Guideline Impact Analysis Statement

December 31, 2025

Liquidity Adequacy Requirements (LAR) Guideline – (2019)

Guideline Impact Analysis Statement

December 31, 2025

Liquidity Principles Guideline (B-6) - (2019)

Guideline Impact Analysis Statement

December 31, 2025

Materiality Criteria for Related Party Transactions – (2008)

Guideline Impact Analysis Statement

December 31, 2025

Net Stable Funding Ratio Disclosure Requirements – (2019)

Guideline Impact Analysis Statement

December 31, 2025

OSFI Update to COVID-19 related regulatory flexibility for the covered bond limit

Letter

December 31, 2025

OSFI's Near-Term Plan of Prudential Policy for Federally Regulated Financial Institutions and Federally Regulated Private Pension Plans

Letter

December 31, 2025

OSFI's Review of Reputation Risk Practices - Principles, Observations and Next Steps – (2005)

Discussion paper

December 31, 2025

OSFI's Review of Reputation Risk Practices - Principles, Observations and Next Steps – (2005)

Letter

December 31, 2025

Recognition of Hedge Contracts in the Determination of the Segregated Fund Guarantee Capital Requirement for Life Insurance Companies

Advisory

December 31, 2025

Regulatory Compliance Management – (2014)

Guideline Impact Analysis Statement

December 31, 2025

Stress Testing - (2009)

Guideline Impact Analysis Statement

December 31, 2025

Total Loss Absorbing Capacity (TLAC) Disclosure Requirements Guideline and Capital Disclosure Requirements Guideline – (2018)

Guideline Impact Analysis Statement

December 31, 2025

Total Loss Absorbing Capacity (TLAC) Guideline - (2018)

Guideline Impact Analysis Statement

December 31, 2025

Use of Internal Models for Determining Required Capital for Segregated Fund Risks (LICAT)

Advisory

December 31, 2025