The Office of the Superintendent of Financial Institutions' (OSFI) Third-Party Risk Management Guideline B-10 and B-13 outlines the requirements for handling third-party relationships and brings a more balanced and practical third-party risk management approach. Canada’s federally regulated financial institutions (FRFIs) must implement a strong third-party risk management.
This sample vendor questionnaire can be used as a guide to determine OSFI Guideline B-10 and B-13 criteria for your institution. The questionnaire has 8 main sections that will help assess vendor risk and compliance with OSFI Guideline B-10.
Download the sample questionnaire template to learn:
- Sample questions to ask by category
- A fillable template
- Additional OSFI resources to help you comply
