Big Canadian banks face C$1bn capital hike on securitisation changes

Canada’s implementation of the Basel Committee’s revised securitisation framework is set to increase capital requirements for the “Big Five” lenders by C$55.8 million – C$551 million ($42.4 million – $417.9 million).

Rules putting the updated requirements into effect entered into force in Q1 2019. But transitional measures introduced by the Canadian regulator, Osfi, allowed charges related to certain grandfathered exposures to be deferred until Q1 2020. 

As of end-October, Royal Bank of Canada

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: