Finance committee  Thank you, Chair, for the question. My name is Manuel Dussault. I'm an acting director general for the financial institutions division. Here's a very quick overview. First, OSFI's mandate for financial sector oversight will be expanded to include supervising financial institutions in order to determine whether they have adequate policies and procedures to protect themselves against threats to their integrity and security.

Finance committee  Thank you, Chair, for the question.

Finance committee  The criteria are in the legislation. They include where the integrity and security of the financial institution are at risk, where all shareholders have been precluded from exercising their voting rights or where there are national security risks.