Regulatory Alerts2026-09-10
Added
Capital Adequacy Requirements (CAR) (2027) – Chapter 6 – Securitization
This guideline establishes the capital adequacy requirements for banks, bank holding companies, federally regulated trust companies, and federally regulated loan companies regarding securitization exposures. It mandates that institutions apply the securitization framework to determine regulatory capital based on economic substance, requiring originating institutions to notify OSFI of all synthetic securitization transactions within 30 days of execution. The document defines traditional and synthetic securitizations, outlines operational requirements for risk transference, and specifies capital treatment approaches including SEC-IRBA, SEC-ERBA, SEC-IAA, and SEC-SA. It also sets specific criteria for STC securitizations, resecuritizations, and non-performing loan securitizations, with an effective date of November 2026 or January 2027 depending on the institution's fiscal year.
More like this from OSFI
OSFI published 10 documents in the last 30 days. We email you each new one the day it's published.