Progress

Current status
adopted
01 Jan 2024 in force
13 Jul 2022 adopted
09 Feb 2022 processing consultation
09 Nov 2021 in consultation
15 Dec 2020 processing consultation
15 Sep 2020 in consultation

Scope

Implementers
Canada
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

01 Jan 2024
in force

Implemented OSFI Guideline B-13 on Technology and Cyber Risk Management

On 1 January 2024, Guideline B-13 on Technology and Cyber Risk Management issued by the Canadian Office of the Superintendent of Financial Institutions (OSFI) is implemented. Guideline B-13 sets out OSFI's requirements on how federally-regulated fin…

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
13 Jul 2022
adopted

Adopted OSFI Guideline B-13 on Technology and Cyber Risk Management

On 13 July 2022, the Canadian Office of the Superintendent of Financial Institutions (OSFI) released its final Guideline B-13 on Technology and Cyber Risk Management in the financial sector. The document sets out OSFI’s guidelines for how federally-…

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body
09 Feb 2022
processing consultation

Closed OSFI consultation on draft Guideline B13 on Technology and Cyber Risk Management

On 9 February 2022, the Canadian Office of the Superintendent of Financial Institutions (OSFI) closed its consultation on the draft Guideline B-13 on Technology and Cyber Risk Management. The draft Guideline sets out the applicable technology and cy…

Source
Event type order
Action type consultation closed
Government branch executive
Government body other regulatory body
09 Nov 2021
in consultation

Opened OSFI consultation on draft Guideline B13 on Technology and Cyber Risk Management

On 9 November 2021, the Canadian Office of the Superintendent of Financial Institutions (OSFI) released and opened a consultation on its draft Guideline B-13 on Technology and Cyber Risk Management until 9 February 2022. The draft Guideline sets out…

Source
Event type order
Action type consultation opened
Government branch executive
Government body other regulatory body
15 Dec 2020
processing consultation

Closed OSFI consultation on digital risk management in the financial sector

On 15 December 2020, the Canadian Office of the Superintendent of Financial Institutions (OSFI) closed its consultation on the discussion paper titled “Developing Financial Sector Resilience in a Digital World”. The paper focused on new risks from r…

Source
Event type order
Action type consultation closed
Government branch executive
Government body other regulatory body
15 Sep 2020
in consultation

Opened OSFI consultation on digital risk management in the financial sector

On 15 September 2020, the Canadian Office of the Superintendent of Financial Institutions (OSFI) published a discussion paper titled “Developing Financial Sector Resilience in a Digital World” and opened a public consultation until 15 December 2020.…

Source
Event type order
Action type consultation opened
Government branch executive
Government body other regulatory body