Top Tweets for #OSFIexplains

Superintendent of Financial Institutions @OSFICanada

over 3 years ago

There are steps we must follow before taking permanent control of an institution that accepts deposits. Giving advance notice to the institution and the Minister of Finance is one. More on the steps to our intervention process: https://t.co/MqditP9Uru #OSFIexplains

OSFICanada's tweet photo. There are steps we must follow before taking permanent control of an institution that accepts deposits.

Giving advance notice to the institution and the Minister of Finance is one.

More on the steps to our intervention process: https://t.co/MqditP9Uru

#OSFIexplains https://t.co/qSG8KEvvf4

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Superintendent of Financial Institutions @OSFICanada

over 3 years ago

When a #bank is experiencing severe financial difficulties, we step in to take control. This could mean taking temporary control of just the assets, or permanent control of the entire institution. For more details: https://t.co/MqditP9Uru #OSFIexplains

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