OSFI Guideline B-13 ComplianceTechnology and Cyber Risk Management
Meet OSFI supervisory expectations for technology and cyber risk management. Purpose-built compliance programs for federally regulated financial institutions.
Key B-13 Requirements
Core domains of OSFI's technology and cyber risk management expectations
Technology Risk Management Framework
Establish a comprehensive framework for managing technology and cyber risk across the institution
Technology Operations & Resilience
Maintain reliable and resilient technology operations with robust change management
Cyber Security
Implement layered cyber security controls to protect against evolving threats
Third-Party Technology Risk
Manage risks from third-party technology providers including cloud services
Our B-13 Compliance Process
A structured approach to achieving OSFI B-13 compliance for your institution
Maturity Assessment
Weeks 1-4
Evaluate current technology risk management maturity against B-13 expectations and identify compliance gaps.
Framework Design
Weeks 5-10
Design the technology risk management framework including governance structures, policies, and risk appetite statements.
Control Implementation
Weeks 11-20
Implement required controls for cyber security, IT operations, third-party risk, and technology architecture.
Validation & OSFI Readiness
Weeks 21-26
Validate control effectiveness, prepare examination evidence, and conduct mock OSFI supervisory reviews.
Benefits of B-13 Compliance
A mature technology risk management framework delivers operational resilience and demonstrates regulatory commitment to OSFI supervisors.
Supervisory Risks
Increased supervisory intensity
More frequent examinations and reporting requirements
Business activity restrictions
Limits on growth, new products, or technology initiatives
Increased capital requirements
Higher capital buffers to offset operational risk deficiencies
Institutions Subject to B-13
OSFI Guideline B-13 applies to all federally regulated financial institutions
Banks & Trust Companies
Federally chartered banks, foreign bank branches, and authorized trust companies
Insurance Companies
Federally regulated life, property, and casualty insurance companies
Cooperative Credit Associations
Federally regulated cooperative credit associations and centrals
Investment Firms
Federally regulated securities dealers and investment management firms
Payment Processors
Designated financial market infrastructures and payment systems
Pension Plans
Federally regulated private pension plans and administrators
OSFI B-13 Compliance FAQs
Common questions about OSFI Guideline B-13 and technology risk management compliance
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Strengthen Your Technology Risk Management
Meet OSFI supervisory expectations and build a resilient technology risk framework for your financial institution.