AWS for Industries

Heather Kay

Author: Heather Kay

Heather Kay is the head of Canadian Financial Services Public Policy at AWS. She is also the co-lead for Financial Stability Board (FSB) engagement. Heather has broad experience gained through a career in the public and private sectors, with deep subject-matter expertise in public policy, financial regulation, and risk management. Prior to joining AWS, Heather led the strategic policy team at the Financial Services Regulatory Authority of Ontario. She also has experience overseeing major Canadian financial institutions, as a former supervisor at the Office of the Superintendent of Financial Institutions. As a management consultant with Deloitte Canada, Heather worked with financial sector customers to develop and implement leading risk management and compliance functions.

OSFI Guideline B-10 and how AWS supports our financial services customers with compliance

OSFI Guideline B-10 and how AWS supports our financial services customers with compliance

In April 2023, the Office of the Superintendent of Financial Institutions released its revised Guideline B-10 on Third-Party Risk Management (“Guideline” or “B-10”). The Guideline is effective as of May 1, 2024. It applies to all federally regulated financial institutions (FRFIs). This marks the first time since 2009 that OSFI has updated B-10. Broadly, the […]