The Office of the Superintendent of Financial Institutions (OSFI) is currently consulting on the final stages of its domestic implementation of the Basel III reforms, a global regulatory framework that contributes to financial sector resiliency in Canada and abroad.
Ben Gully, OSFI’s Assistant Superintendent, Regulation Sector, will discuss the importance of these reforms and how they are improving the existing regulatory framework which underpins the overall safety and soundness of Canadian banks, both large and small.
Mr. Gully will also discuss other areas of emerging risk for the financial sector that may pose new challenges to the future design of bank regulation.
We hope that you can join us.
Assistant Superintendent, Regulation Sector,
Office of the Superintendent of Financial Institutions (OSFI)
Mr. Gully is responsible for OSFI’s policy-related functions, including capital, accounting, legislation and approvals. Internationally, he represents OSFI on the Basel Committee on Banking Supervision.
Previously, Mr. Gully was Assistant Superintendent, Risk Support Sector, where he oversaw the assessment of credit, market, and liquidity risks; non-financial risks, including people and technology risks; and risk surveillance and risk analytics since 2017.
Prior to joining OSFI, Mr. Gully was Chief Risk Officer at the Australian Prudential Regulation Authority (APRA) where he was responsible for enterprise strategy and risk, performance and quality assurance. He also worked at the Bank of England in the area of financial stability.
Mr. Gully holds a Doctorate in economics and a Master of Arts degree (Honours) from the University of St. Andrews, and a Master of Science degree in economics from the University of Glasgow.
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