OSFI Target Capital Flashcards
1
Q
OSFI Target Capital - Minimum capital ratio
A
minimum level necessary required to cover risks specified in tests
2
Q
OSFI Target Capital - Supervisory target ratio
A
provides margin for other types of risks not included in test, allowing for early intervention
3
Q
OSFI Target Capital - internal capital ratio
A
considers own risk appetite and profile and time for mgmt to deal with problems before OSFI intervenes
4
Q
OSFI Target Capital - Consequence of falling below target capital level
A
if falls or anticipated to fall below within 2 years, inform OSFI and provide plans to manage risks and restore capital
