The Annotated Bank Act with Associated Regulations is an essential everyday resource for anyone with an interest in the process for incorporating a bank, the rights of bank shareholders, the duties of bank directors and officers, the business of banking, consumer provisions, the ownership and investment rules, capital adequacy requirements, foreign banks or bank holding companies.
New in this Edition:
Key Legislative and Regulatory Developments include updates to Part VIII, Business and Powers, Part X, Capital, Liquidity, and Capacity to Absorb Losses and Part XII.2, Dealings with Customers and the Public.
The Financial Consumer Protection Framework Regulations (SOR/2021-181) have been added.
The following regulations were amended as a result of the new Regulations coming into force:
Key case law includes 446697 BC Ltd (Re) (2022), 2022 Carswell BC 495, 2022 BCSC 307 (section 462 of Part VIII on Business and Powers).
The Annotated Bank Act with Associated Regulations is an essential everyday resource for anyone with an interest in the process for incorporating a bank, the rights of bank shareholders, the duties of bank directors and officers, the business of banking, consumer provisions, the ownership and investment rules, capital adequacy requirements, foreign banks or bank holding companies.
New in this Edition:
Key Legislative and Regulatory Developments include updates to Part VIII, Business and Powers, Part X, Capital, Liquidity, and Capacity to Absorb Losses and Part XII.2, Dealings with Customers and the Public.
The Financial Consumer Protection Framework Regulations (SOR/2021-181) have been added.
The following regulations were amended as a result of the new Regulations coming into force:
Key case law includes 446697 BC Ltd (Re) (2022), 2022 Carswell BC 495, 2022 BCSC 307 (section 462 of Part VIII on Business and Powers).