a follow-up question: does prescribed regulatory basis mean following the guidelines from the CIA? If yes, can we say that a challenge would be that FCT follows the CIA's guidelines whereas OSFI follows OSFI guidelines?
Management in the context of ORSA is referring to senior management, yeah. regulatory basis usually refers to either the provincial regulator or OSFI. I am not sure why that would be a challenge re following OSFI vs CIA
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a follow-up question: does prescribed regulatory basis mean following the guidelines from the CIA? If yes, can we say that a challenge would be that FCT follows the CIA's guidelines whereas OSFI follows OSFI guidelines?
Management in the context of ORSA is referring to senior management, yeah. regulatory basis usually refers to either the provincial regulator or OSFI. I am not sure why that would be a challenge re following OSFI vs CIA