Protection of Assets (Banks) Regulations (SOR/92-352)
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Regulations are current to 2026-09-30 and last amended on 2010-12-03. Previous Versions
3 These Regulations do not apply to a bank
(a) that is carrying on business in a jurisdiction in compliance with a law of that jurisdiction, to the extent that that law is inconsistent with these Regulations; or
(b) to the extent that they are inconsistent with
(i) a power conferred or a duty imposed on the bank in respect of the administration of an estate or trust, or
(ii) the discharge of the bank’s responsibilities in acting as an agent.
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