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OSFI Publishes Letter on Culture Risk Management

OSFI Publishes Letter on Culture Risk Management

by Starling Insights

Starling Insights Editorial Board

Observations

In a letter published last month, Canada's Office of the Superintendent of Financial Institutions (OSFI) laid out plans to issue a principles-based, outcomes-focused culture risk management guideline for public consultation in late 2022. OSFI also sought comments on the proposed outcomes that it takes to reflect effective culture risk management.

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