Product details

Publisher: 
Carswell
Practice area: 
Finance & banking
Jurisdiction: 
General
Publication date: 
2020-12-14
ISBN: 
9780779893393
Carswell

Consolidated Trust and Loan Companies Act and Regulations 2021

Availability: In Stock

Consolidated Trust and Loan Companies Act and Regulations 2021 offers up-to-date and affordable access to all the information you need to know on rapidly changing law and policies on a day-to-day basis.

New in this edition

  • All applicable Acts and regulations have been updated to reflect the current law. New and updated statutes and regulations include:
    • Canada Deposit Insurance Corporation Act, R.S.C. 1985, c. C-3, section 7
    • Canada Deposit Insurance Corporation Differential Premiums By-law, SOR/99-120
    • Canada Deposit Insurance Corporation General By-law, C.R.C., c. 383
    • Canada Deposit Insurance Corporation Resolution Planning By-law, SOR/2019-138
    • Competition Act, R.S.C. 1985, c. C-34
    • Financial Consumer Agency of Canada Act, S.C. 2001, c. 9
    • Office of the Superintendent of Financial Institutions Act, R.S.C. 1985, c. 18, Pt. I (3rd Supp)
    • Personal Information Protection and Electronic Documents Act, S.C. 2000, c. 5
    • Regulations implementing the United Nations resolutions on the suppression of terrorism, SOR/2001-360
    • Trust and Loan Companies Act, S.C. 1991, c.45
  • Additional updates include:
    • National Instrument 31.103 has been updated
    • The table of concordance has been fully reviewed and updated
  • New and updated OSFI documents include:
    • Administrative procedures for the Late and Erroneous Filing Penalty (LEFP) framework
    • Background checks on directors and senior management by FREs
    • Capital adequacy requirements, Chapters 1 and 2
    • Corporate governance
    • Cyber security self-assessment guidance [OSFI memorandum]
    • Derivatives sound practices
    • Deterring and detecting money laundering and terrorist financing
    • Instructions — OSFI-525 report
    • Instructions — OSFI-950 report
    • Interest rate risk management
    • Internal Capital Adequacy Assessment Process (ICAAP) for deposit-taking institutions
    • Large exposure limits
    • Large exposure limits for domestic systemically important banks
    • Leverage ratio disclosure requirements
    • Leverage requirements guideline
    • Liquidity
    • Liquidity adequacy requirements
    • New OSFI-525 and OSFI-590 reporting requirements
    • Outsourcing of business activities, functions, and processes
    • Pledging
    • Prudent person approach
    • Regulatory Compliance Management (RCM)
    • Reporting requirements
    • Residential mortgage underwriting practices and procedures
    • Revised covered bond limit calculation
    • Securities lending
    • Settlement risk in foreign exchange transactions
    • Stress testing
    • Technology and cyber security incident reporting
  • The following application and approval guides:
    • Index DA No. 2 — Purchase or redemption of shares or member shares
    • Index DA No. 4 — Reduction of stated capital
    • Transaction instructions
Carswell

Consolidated Trust and Loan Companies Act and Regulations 2021

Availability: In Stock

Description

Consolidated Trust and Loan Companies Act and Regulations 2021 offers up-to-date and affordable access to all the information you need to know on rapidly changing law and policies on a day-to-day basis.

New in this edition

  • All applicable Acts and regulations have been updated to reflect the current law. New and updated statutes and regulations include:
    • Canada Deposit Insurance Corporation Act, R.S.C. 1985, c. C-3, section 7
    • Canada Deposit Insurance Corporation Differential Premiums By-law, SOR/99-120
    • Canada Deposit Insurance Corporation General By-law, C.R.C., c. 383
    • Canada Deposit Insurance Corporation Resolution Planning By-law, SOR/2019-138
    • Competition Act, R.S.C. 1985, c. C-34
    • Financial Consumer Agency of Canada Act, S.C. 2001, c. 9
    • Office of the Superintendent of Financial Institutions Act, R.S.C. 1985, c. 18, Pt. I (3rd Supp)
    • Personal Information Protection and Electronic Documents Act, S.C. 2000, c. 5
    • Regulations implementing the United Nations resolutions on the suppression of terrorism, SOR/2001-360
    • Trust and Loan Companies Act, S.C. 1991, c.45
  • Additional updates include:
    • National Instrument 31.103 has been updated
    • The table of concordance has been fully reviewed and updated
  • New and updated OSFI documents include:
    • Administrative procedures for the Late and Erroneous Filing Penalty (LEFP) framework
    • Background checks on directors and senior management by FREs
    • Capital adequacy requirements, Chapters 1 and 2
    • Corporate governance
    • Cyber security self-assessment guidance [OSFI memorandum]
    • Derivatives sound practices
    • Deterring and detecting money laundering and terrorist financing
    • Instructions — OSFI-525 report
    • Instructions — OSFI-950 report
    • Interest rate risk management
    • Internal Capital Adequacy Assessment Process (ICAAP) for deposit-taking institutions
    • Large exposure limits
    • Large exposure limits for domestic systemically important banks
    • Leverage ratio disclosure requirements
    • Leverage requirements guideline
    • Liquidity
    • Liquidity adequacy requirements
    • New OSFI-525 and OSFI-590 reporting requirements
    • Outsourcing of business activities, functions, and processes
    • Pledging
    • Prudent person approach
    • Regulatory Compliance Management (RCM)
    • Reporting requirements
    • Residential mortgage underwriting practices and procedures
    • Revised covered bond limit calculation
    • Securities lending
    • Settlement risk in foreign exchange transactions
    • Stress testing
    • Technology and cyber security incident reporting
  • The following application and approval guides:
    • Index DA No. 2 — Purchase or redemption of shares or member shares
    • Index DA No. 4 — Reduction of stated capital
    • Transaction instructions