BRIEF-Canada's Financial Regulator Reinforces Guidance On Additional Tier 1 And Tier 2 Capital Instruments

* CANADA'S OSFI REINFORCES GUIDANCE ON ADDITIONAL TIER 1 AND TIER 2 CAPITAL INSTRUMENTS - STATEMENT

* CANADA'S OSFI - IF A DEPOSIT-TAKING BANK REACHES THE POINT OF NON-VIABILITY, OSFI'S CAPITAL GUIDELINES REQUIRE ADDITIONAL TIER 1 AND TIER 2 CAPITAL INSTRUMENTS TO BE CONVERTED INTO COMMON SHARES IN A MANNER THAT RESPECTS THE HIERARCHY OF CLAIMS IN LIQUIDATION * CANADA'S OSFI - ADDITIONAL TIER 1 AND TIER 2 INSTRUMENTS ARE AND WILL REMAIN AN IMPORTANT COMPONENT OF THE CAPITAL STRUCTURE OF CANADIAN DEPOSIT-TAKING BANKS Source text: https://bit.ly/3Lx3msO

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