Product details

Publisher: 
Carswell
Practice area: 
Finance & banking
Jurisdiction: 
Canada
Publication date: 
2020-12-31
Carswell

Consolidated Bank Act and Regulations 2020-2021, 32nd Edition (Print & ProView)

Author: Torys LLP
Availability: Partial Stock

The Consolidated Bank Act and Regulations 2020-2021, 32nd Edition written by practitioners for practitioners, helps in staying current with the fast-changing federal banking rules. This guide offers up-to-date access to all the information you need to know on a day-to-day basis.

The features include:

  • Full text of the federal Bank Act and regulations
  • Pertinent sections of other legislation, including the Competition Act, the Office of the Superintendent of Financial Institutions Act, and the Financial Consumer Agency of Canada Act
  • Regulations under the Canada Deposit Insurance Corporation Act
  • An extensive collection of OSFI guidelines, guidance notes, advisories, rulings, and other regulatory documents
  • A table of concordance to the Bank Act, Trust and Loan Companies Act, Insurance Companies Act, Cooperative Credit Associations Act, and Canada Business Corporations Act to facilitate quick comparisons with relevant statutes
  • Editorial notes throughout providing practical information on the banking legislation and regulatory guidance

New and revised in this edition

All applicable Acts and regulations have also been updated to reflect recent amendments. New and updated statutes and regulations include:

  • Bank Recapitalization (Bail-in) Conversion Regulations, SOR/2018-57
  • Bank Recapitalization (Bail-in) Issuance Regulations, SOR/2018-58
  • Compensation Regulations, SOR/2018-59
  • Bank Act, S.C. 1991, c. 46, amended by 2018, c. 12
  • Canada Deposit Insurance Corporation Differential Premiums By-Law, SOR/99-120, amended by SOR/2018-8

The table of concordance has been fully reviewed and updated. New and updated OSFI documents include:

  • Capital adequacy requirements, Chapters 1 and 2
  • Liquidity adequacy requirements
  • Leverage requirements guideline
  • Total loss absorbing capacity
  • Public capital disclosure requirements related to Basel III leverage ratio
  • TLAC disclosure requirements
  • Capital disclosure requirements
  • Corporate governance guideline
  • Residential mortgage underwriting practices and procedures
  • CDOR benchmark-setting submissions
  • Enterprise-wide model risk management for deposit-taking
  • OSFI ruling on acting jointly or in concert
  • Administrative procedures for the Late and Erroneous Filing Penalty (LEFP) framework
  • Reporting requirements for deposit-taking institutions

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. You can download the ProView app at no cost for your tablet or computer, or sign in to the cloud-based version. Synced to the cloud, ProView lets you switch devices while keeping place in your research. You can also access your downloaded eBooks offline, and any notes you take will be saved and synced the next time you connect.

Carswell

Consolidated Bank Act and Regulations 2020-2021, 32nd Edition (Print & ProView)

Author: Torys LLP
Availability: Partial Stock

Description

The Consolidated Bank Act and Regulations 2020-2021, 32nd Edition written by practitioners for practitioners, helps in staying current with the fast-changing federal banking rules. This guide offers up-to-date access to all the information you need to know on a day-to-day basis.

The features include:

  • Full text of the federal Bank Act and regulations
  • Pertinent sections of other legislation, including the Competition Act, the Office of the Superintendent of Financial Institutions Act, and the Financial Consumer Agency of Canada Act
  • Regulations under the Canada Deposit Insurance Corporation Act
  • An extensive collection of OSFI guidelines, guidance notes, advisories, rulings, and other regulatory documents
  • A table of concordance to the Bank Act, Trust and Loan Companies Act, Insurance Companies Act, Cooperative Credit Associations Act, and Canada Business Corporations Act to facilitate quick comparisons with relevant statutes
  • Editorial notes throughout providing practical information on the banking legislation and regulatory guidance

New and revised in this edition

All applicable Acts and regulations have also been updated to reflect recent amendments. New and updated statutes and regulations include:

  • Bank Recapitalization (Bail-in) Conversion Regulations, SOR/2018-57
  • Bank Recapitalization (Bail-in) Issuance Regulations, SOR/2018-58
  • Compensation Regulations, SOR/2018-59
  • Bank Act, S.C. 1991, c. 46, amended by 2018, c. 12
  • Canada Deposit Insurance Corporation Differential Premiums By-Law, SOR/99-120, amended by SOR/2018-8

The table of concordance has been fully reviewed and updated. New and updated OSFI documents include:

  • Capital adequacy requirements, Chapters 1 and 2
  • Liquidity adequacy requirements
  • Leverage requirements guideline
  • Total loss absorbing capacity
  • Public capital disclosure requirements related to Basel III leverage ratio
  • TLAC disclosure requirements
  • Capital disclosure requirements
  • Corporate governance guideline
  • Residential mortgage underwriting practices and procedures
  • CDOR benchmark-setting submissions
  • Enterprise-wide model risk management for deposit-taking
  • OSFI ruling on acting jointly or in concert
  • Administrative procedures for the Late and Erroneous Filing Penalty (LEFP) framework
  • Reporting requirements for deposit-taking institutions

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. You can download the ProView app at no cost for your tablet or computer, or sign in to the cloud-based version. Synced to the cloud, ProView lets you switch devices while keeping place in your research. You can also access your downloaded eBooks offline, and any notes you take will be saved and synced the next time you connect.