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OSFI published its final 2027 Capital and Liquidity Treatment of Crypto-asset Exposures Guideline for banks on 10 September. It sets how federally regulated institutions must hold capital and manage liquidity for crypto-asset exposures, drawing on Basel standards and Canadian consultation.
Following stakeholder feedback, OSFI changed the treatment of some Group 2 crypto-asset positions. The final guideline excludes exposures arising from client-clearing activities from the Group 2 exposure limit and recognises cross-exchange hedging for certain Group 2a assets traded on regulated exchanges. The rules take effect in late 2026 or early 2027 according to an institution’s fiscal year.