OSFI Updates Manual of Reporting Forms and Instructions for Banks
OSFI issued its annual update to the manual of reporting forms and instructions for deposit-taking institutions. The changes to several reporting forms and instructions were announced in a letter addressed to the Chief Financial Officers of banks and federally regulated trust and loan companies and Principal Officers of foreign bank branches.
Changes made to the following regulatory reporting forms and instructions are effective for 2020 filing:
- Mortgage Loans Report (E2) (delayed to first quarter of 2021)
- Deposit Liabilities (K4)
- Supplementary Return for Foreign Bank Branches (K3)
- Liquidity Coverage Ratio Return (LA)
- Basel Capital Adequacy Reporting, or BCAR (BA)
- Net Cumulative Cash Flow Return (OSFI600)
- Consolidated Income Statement (P3) (effective some time in 2020—New memo items to be filed as an unstructured filing)
- Large Exposure Return "unstructured - OSFI930"—New
- Net Stable Funding Ratio "unstructured—OSFI921"/"structured – DT1"—For D-SIBs only (Third Quarter of 2020)—New
- Interbank and Major Exposures Return Appendices (2A/2L)—New (2A effective December 2019/2L test data effective June 2020, formal reporting effective September 2020)
- Joint Balance Sheet (Z4)—New
- GIC Offer Sheet Return (GA-GB)—New
- Insured Residential Mortgages (RM)—Trust and Loan Companies Only—New
Changes to the NCR (credit risk data) returns (RAPCORP, BB, BC, BD, BE, BF and BG) have been postponed and will be incorporated with the proposed changes for 2021. The NCR returns include IRB Credit Data Wholesale Portfolio Part-1 (BB) and Part-2 (BC/BP), IRB Credit Data Retail Portfolio Part-1 (BD) and Part-2 (BE/BO), IRB Credit Data Wholesale Transaction (BF), and IRB Credit Data Wholesale Transaction Defaulted and Fully Resolved (BG).
Related Links
Keywords: Americas, Canada, Banking, Reporting, Basel III, BCAR, LCR, NSFR, Large Exposures, OSFI
Featured Experts

María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer

Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.

Karen Moss
Senior practitioner in asset and liability management (ALM) and liquidity risk who assists banking clients in advancing their treasury and balance sheet management objectives
Previous Article
US Agencies Finalize Rule to Streamline Reporting for Small BanksRelated Articles
EBA Publishes Regulatory Standards to Identify Shadow Banking Entities
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying the criteria to identify shadow banking entities for the purposes of reporting large exposures.
EU Agencies Update LCR Rule and Macro-Prudential Policy Recommendation
The European Commission (EC) published the Delegated Regulation 2022/786 with regard to the liquidity coverage requirements for credit institutions under the Capital Requirements Regulation (CRR).
OSFI Discusses Benchmark Rate Transition, Sets Out Work Priorities
The Office of the Superintendent of Financial Institutions (OSFI) published the strategic plan for 2022-2025 and the departmental plan for 2022-23.
EBA Proposes Standards to Support Secondary NPL Markets
The European Banking Authority (EBA) is consulting, until August 31, 2022, on the draft implementing technical standards specifying requirements for the information that sellers of non-performing loans (NPLs) shall provide to prospective buyers.
EU Confirms Agreement on Rules on Cybersecurity and Banking Resolution
The European Council and the Parliament reached an agreement on the revised Directive on security of network and information systems (NIS2 Directive).
EBA Issues Standards for Crowdfunding Service Providers Under ECSPR
The European Banking Authority (EBA) published the final draft regulatory technical standards specifying information that crowdfunding service providers shall provide to investors on the calculation of credit scores and prices of crowdfunding offers.
EU to Amend Credit Risk Adjustment Rules; ESAs Submit Queries on SFDR
The European Council published a draft Commission Delegated Regulation to amend the regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.
EU Confirms Agreement on Rules on Cybersecurity and Banking Resolution
The European Securities and Markets Authority (ESMA) published a paper that examines the systemic risk posed by increasing use of cloud services, along with the potential policy options to mitigate this risk.
MAS Amends Notice 635 and Issues Second Proposal on Green Taxonomy
The Monetary Authority of Singapore (MAS) published amendments to Notice 635, which sets out requirements that a bank in Singapore has to comply with when granting an unsecured non-card credit facility to individuals.
EC Consults on PSD2 and Open Finance; EU Reaches Agreement on DORA
The European Commission (EC) published a public consultation on the review of revised payment services directive (PSD2) and open finance.