The Consolidated Bank Act and Regulations 2023-2024, 35th 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 that you need to know on a day-to-day basis.
Features include:
- Consolidated 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
Updated Legislation and Regulations:
Bank Act, S.C. 1991, c. 46
Canada Deposit Insurance Corporation Co-owned and Trust Deposit Disclosure By-law SOR/2019-312
New Guidelines, Guidance Notes, and Advisories:
Culture and Behaviour Risk Guideline
OSFI’s Intelligence-led Cyber Resilience Testing (I-CRT) Framework
Parental Stand-Alone (Solo) TLAC Framework for Domestic Systemically Important Banks (D-SIBS)
Interim arrangements for the regulatory capital and liquidity treatment of cryptoasset exposures
Updated Guidelines, Guidance Notes, and Advisories:
Draft B-10: Third-Party Risk Management Guideline
Draft B-15: Climate Risk Management
Administrative Procedures for Late and Erroneous Filing Penalty (LEFP) Framework Instruction Guide
Reporting Requirements for Deposit-Taking Institutions
Updated Rulings:
2020-07 Limited Recourse Capital Notes
Regulatory Documents:
Low-Cost Accounts Memoranda of Understanding
