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Match ( by number ) the regulatory agency with its description. Office of the Superintendent of Financial Institutions Canad ( Type a whole number. )
Match by number the regulatory agency with its
description.
Office of the Superintendent of Financial Institutions Canad
Type a whole number.
Description
Sets capital adequacy, accounting,
and boardofdirectors
responsibility standards; conducts bank
audits and coordinates with provincial
securities commissions.
Compensates policyholders if the issuing
life insurance company goes bankrupt.
Examines the books of the deposittaking
institutions and coordinates with the federal
agencies that are responsible for financial
institution regulation: OSFI and CDIC.
Provides insurance of up to $ for
each depositor at a bank, examines the
books of insured banks, and imposes
restrictions on assets they can hold.
Requires disclosure of information and
restricts insider trading.
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