TD Bank freed from Osfi capital floor

Revisions to the Canadian regulator’s standardised capital floor saw TD Bank cut C$45 billion ($35 billion) in risk-weighted assets in the second quarter.

Following the introduction of a new floor methodology by the Office of the Superintendent of Financial Institutions (Osfi), the Canadian bank did not have to top up its modelled credit RWAs by an amount determined using the Basel standardised approaches this quarter.

These add-ons had snowballed in recent quarters. In the second quarter of

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: