Canada’s chartered banks are regulated by OSFI and as a non-bank, we are not. However, as a mortgage lender, we are subject to significant oversight because many of our policies and procedures are guided by our regulated investor partners which include banks, trust companies, credit unions, insurance companies, and pension funds. We are also subject to Anti-Money Laundering regulations administered by FINTRAC. As a publicly listed company, we follow laws and guidelines set down by Canadian securities regulators. We are legally registered in every province and territory where we do business. This includes registration with the Financial Services Regulatory Authority of Ontario, the Autoritédes des marchés financiers, BC Financial Services Authority, and the Real Estate Council of Alberta. In addition to these regulatory bodies, the Company is subject to oversight by CMHC and Canada’s other mortgage default insurers for all aspects of our insured mortgage programs including routine examinations of our underwriting systems.