Jeremy Rudin of Office of the Superintendent of Financial Institutions is part of this year's Wealth Professional Canada's Host List.
Office of the Superintendent of Financial Institutions
Appointed superintendent of the OSFI in 2014 for a seven-year term, Jeremy Rudin’s job is to make sure Canada’s banks are not forgetting any of the harsh lessons from the financial crisis. Speaking at the C.D. Howe Institute recently, Rudin outlined his intention to tighten solvency rules, even if the Basel Committee remains deadlocked in its efforts to stem risky banking practices internationally. “Canada is preparing to move ahead on its own with a Canada-specific plan for improving our capital regime,” he said. Accordingly, the OSFI will formulate a plan governing variations in risk weights on different assets across Canadian banks that use their own internal rating system.
Appointed superintendent of the OSFI in 2014 for a seven-year term, Jeremy Rudin’s job is to make sure Canada’s banks are not forgetting any of the harsh lessons from the financial crisis. Speaking at the C.D. Howe Institute recently, Rudin outlined his intention to tighten solvency rules, even if the Basel Committee remains deadlocked in its efforts to stem risky banking practices internationally. “Canada is preparing to move ahead on its own with a Canada-specific plan for improving our capital regime,” he said. Accordingly, the OSFI will formulate a plan governing variations in risk weights on different assets across Canadian banks that use their own internal rating system.
