{"id":13986,"date":"2011-02-04T14:19:23","date_gmt":"2011-02-04T18:19:23","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=13986"},"modified":"2011-02-04T14:19:23","modified_gmt":"2011-02-04T18:19:23","slug":"osfi-announcement-on-non-qualifying-capital-instruments","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=13986","title":{"rendered":"OSFI Announcement on Non-Qualifying Capital Instruments"},"content":{"rendered":"<p>OSFI <a href=\"http:\/\/www.osfi-bsif.gc.ca\/app\/DocRepository\/1\/eng\/media\/2011_02_04.pdf\">has announced<\/a>:<\/p>\n<blockquote><p>Media are invited to participate in a briefing via teleconference with the Office of the Superintendent of Financial Institutions (OSFI) on two Advisories relating to BASEL III: Treatment of non-qualifying capital instruments under Basel III and Non-Viability Contingent Capital.<\/p>\n<p>Mark White, Assistant Superintendent, Regulation Sector, will provide a brief overview and will be available to answer questions.<\/p>\n<p>Media who wish to participate must confirm their attendance with L\u00e9onie Roux, Communications and Consultations.<\/p>\n<p>Please note that all details are subject to change. All times are local.<\/p>\n<p>DATE: Friday February 4, 2011<br \/>\nTIME: 4:00 PM<br \/>\nPLACE: 613-960-7518 (Ottawa)<br \/>\n1-888-265-0903<br \/>\nParticipant pass code: 725300<\/p><\/blockquote>\n<p><b>Update, 4:21pm<\/b>: Good old OSFI, hopelessly incompetent and secretive as always!<\/p>\n<p>I notified Ms. Roux of my intent to participate and was answered with:<\/p>\n<blockquote><p>Good afternoon,<br \/>\nPlease note that today&#8217;s conference call is for media only.<\/p>\n<p>A separate conference call is being set up for analyts and investors that may wish to participate.<\/p>\n<p>The conference call will take place on Monday morning at 11:30AM, an advisory will be issued shortly.<\/p><\/blockquote>\n<p>I responded:<\/p>\n<blockquote><p>I represent media via my blog at http:\/\/www.prefblog.com<\/p><\/blockquote>\n<p>No response. So I called in at about 4:01pm and got some fragments of seemingly random open-mike buzz.<\/p>\n<p>OSFI has deleted the original advisory and replaced it with one that does not include a telephone number or pass code.<\/p>\n<p>OSFI: The dumbest shits on the planet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OSFI has announced: Media are invited to participate in a briefing via teleconference with the Office of the Superintendent of Financial Institutions (OSFI) on two Advisories relating to BASEL III: Treatment of non-qualifying capital instruments &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-13986","post","type-post","status-publish","format-standard","hentry","category-contingent-capital"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/13986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13986"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/13986\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}