Canada’s banking regulator is taking steps toward carrying out daily check-ins with banks in the country to monitor their liquidity following the collapse of the American-based Silicon Valley Bank (SVB), according to media reports. The move by the Office of the Superintendent of Financial Institutions (OSFI) to more closely monitor the financial health of domestic banks…
Canada’s Bank Regulator to Begin Daily Liquidity Checks with Banks Following SVB Collapse: Report
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