OSFI’s Fast Track framework is a wake-up call for Canadian banks
John Landry is a seasoned banking executive and former CEO of Peoples Group and Citibank Fund Services. For FinTechs and challenger banks in Canada—or a foreign institution eyeing entry into the country’s lucrative, underserved market—options have materially expanded. If the new Office of the Superintendent of Financial Institutions (OSFI) framework meets its stated intent, the…
