Cross-border securitizations involving Canadian assets can take various forms. For example:
• U.S. originator may have sold products to Canadian customers and wants to include the related receivables (owing by Canadians)...more
The Office of the Superintendent of Financial Institutions (OSFI) recently published Draft Guideline B-5: Asset Securitization (Draft Guideline), which sets out an updated regulatory framework for the securitization...more
On July 6, 2017, the Office of the Superintendent of Financial Institutions (OSFI) issued a revised version of Guideline B-20 – Residential Mortgage Underwriting Practices and Procedures (Draft Guideline) for comment. This...more