A financial institution's supplementary documents provide supervisors with valuable insights into risk. Understanding how to use these documents effectively is essential to improving risk-based supervisory practices.

This TC Note and accompanying podcast:

• Briefly describes the purpose and value of four types of supplementary documents - own risk assessments, business models, recovery plans, and climate-related transition plans
• Explores six principles for integrating the supplementary documents into risk-based supervision and the risk matrix
• Discusses how the six principles can be applied to the supervisory review of supplementary documents

Speaker: 

Clive Briault,Chair, Banking Advisory Board, Toronto Centre

Host: 

Demet Çanakçı, Senior Program Director, Toronto Centre

Read the transcript here. Read their biographies here.