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Home Regulation

Canada OFSI Issues Guidance on Bank Treatment of Crypto

Artem Bogdanov by Artem Bogdanov
August 28, 2022
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Canada OFSI Issues Guidance on Bank Treatment of Crypto
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OFSI provides no recognition (i.e., a 100% haircut) for Group 2 cryptoassets held as collateral, but is seeking views on hedging practices that could warrant a lower haircut.

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OFSI provides no recognition (i.e., a 100% haircut) for Group 2 cryptoassets held as collateral, but is seeking views on hedging practices that could warrant a lower haircut.

Get access today

Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia.

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Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options.

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Banks, BCBS, Capital, Capital Requirements, Collateral, crypto, crypto assets, cryptoassets, cryptocurrency, Hedging, Insurers, OSFI



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