OSFI Guideline E-23: Model Risk Management
- Canada
- Financial Services
Canada, federal · Supervisory guidance · Published, effective May 1, 2027
Published on September 11, 2025, revised E-23 sets proportionate model-risk expectations, including for AI/ML and third-party models. It addresses model identification, risk assessment, inventory, governance, independent review, deployment, and monitoring. Its application is risk-based. Next key date: May 1, 2027 (Revised E-23 takes effect). Last verified October 29, 2026.
