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• 2 (1) In this policy,

  entity

  entity has the same meaning as in section 2 of the Bank Act; (entité)

  examiner

  examiner has the same meaning as in subsection 1(1) of the Canada Deposit Insurance Corporation Differential Premiums By-law; (inspecteur)

  forecast

  forecast means information in respect of prospective results of operations and the financial position or changes in the financial position of an entity, based on assumptions made in respect of future economic conditions and planned courses of action for a specified period, given management’s judgment as to the most probable set of economic conditions; (prévisions)

  prescribed information

  prescribed information means the following information:

  • [...]

  • (g) any stage of intervention assigned to the member institution as a result of its assessment in accordance with the Guide to Intervention for Federal Financial Institutions, and

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16 Where requested by the Corporation for the purpose of monitoring or assessing the compliance of the member institution with the Act, the by-laws or this policy or where the Corporation considers it to be necessary or desirable in furtherance of its objects, the member institution shall provide to the Corporation

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• (b) without delay, a statement certified by an officer of the member institution, that sets out

  • [...]

  • (iii) the number, amounts and sources of all deposits that are, in whole or in part, to the knowledge of the member institution, received or held as the result of the services of a person who carries on business as an agent or broker in the solicitation or placement of deposits on behalf of one or more member institutions or actual or prospective depositors,

• 16.1 (1) A member institution shall, if requested to do so by the Corporation for the purpose of developing and maintaining a resolution plan for the member institution, provide to the Corporation, within the time specified in the request, any of the following information that is specified in the request:

  • [...]

  • (b) a current list of each subsidiary, affiliate and group entity of the member institution identifying its jurisdiction of incorporation and describing its licence or licences, as applicable, to carry on business including restrictions, if any, and its applicable regulatory authority together with, if known, the name, title, address, telephone number and email address of a contact person at the regulatory authority;

  • [...]

  • (g) detailed information about the business functions and business operations of the member institution and of its subsidiaries, affiliates and group entities, as well as the manner and extent to which those functions and operations are performed by the entities for each other or, if applicable, performed for those entities by external service providers;

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21 The member institution shall cause its officers, auditors and former auditors to furnish such information and explanations that pertain to its affairs as the Corporation or any person designated by the Corporation may require.

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• 25 (1) A federal member institution shall submit

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  • (b) where required, to an examination of its affairs by or on behalf of the Corporation for a specified purpose at such times as the Corporation may require.

• (2) In furtherance of any examination referred to in subsection (1), a federal member institution shall open its records for examination, facilitate the examination so far as it is in its power, cause its directors, officers, employees, agents and representatives to cooperate in such examination, give access to all minutes, accounts, cash, securities, documents and vouchers of the member institution and provide necessary information.

• 26 (1) A provincial member institution shall, in accordance with paragraph 28(a) of the Act, submit to an inspection of its affairs by the Corporation or a person designated by the Corporation

  • [...]

  • (b) at such other times as the Corporation deems appropriate.

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33 If the policy of the member institution is terminated or cancelled, the institution shall continue to be bound by the provisions of the policy as if it were still a member institution until it no longer holds any deposits that are insured by the Corporation.

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• 2 (1) In this policy,

  entity

  entity has the same meaning as in section 2 of the Bank Act; (entité)

  examiner

  examiner has the same meaning as in subsection 1(1) of the Canada Deposit Insurance Corporation Differential Premiums By-law; (inspecteur)

  forecast

  forecast means information in respect of prospective results of operations and the financial position or changes in the financial position of an entity, based on assumptions made in respect of future economic conditions and planned courses of action for a specified period, given management’s judgment as to the most probable set of economic conditions; (prévisions)

  prescribed information

  prescribed information means the following information:

  • [...]

  • (g) any stage of intervention assigned to the member institution as a result of its assessment in accordance with the Guide to Intervention for Federal Financial Institutions, and

[...]

16 Where requested by the Corporation for the purpose of monitoring or assessing the compliance of the member institution with the Act, the by-laws or this policy or where the Corporation considers it to be necessary or desirable in furtherance of its objects, the member institution shall provide to the Corporation

• [...]

• (b) without delay, a statement certified by an officer of the member institution, that sets out

  • [...]

  • (iii) the number, amounts and sources of all deposits that are, in whole or in part, to the knowledge of the member institution, received or held as the result of the services of a person who carries on business as an agent or broker in the solicitation or placement of deposits on behalf of one or more member institutions or actual or prospective depositors,

• 16.1 (1) A member institution shall, if requested to do so by the Corporation for the purpose of developing and maintaining a resolution plan for the member institution, provide to the Corporation, within the time specified in the request, any of the following information that is specified in the request:

  • [...]

  • (b) a current list of each subsidiary, affiliate and group entity of the member institution identifying its jurisdiction of incorporation and describing its licence or licences, as applicable, to carry on business including restrictions, if any, and its applicable regulatory authority together with, if known, the name, title, address, telephone number and email address of a contact person at the regulatory authority;

  • [...]

  • (g) detailed information about the business functions and business operations of the member institution and of its subsidiaries, affiliates and group entities, as well as the manner and extent to which those functions and operations are performed by the entities for each other or, if applicable, performed for those entities by external service providers;

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21 The member institution shall cause its officers, auditors and former auditors to furnish such information and explanations that pertain to its affairs as the Corporation or any person designated by the Corporation may require.

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• (4) Despite subsections (2) and (3), the member institution may retain the records referred to in paragraphs (1)(b) and (g) outside of Canada if it is a subsidiary of a foreign bank, as defined in section 2 of the Bank Act, that is incorporated or formed otherwise in a country or territory other than Canada in which a trade agreement listed in Schedule IV to that Act is applicable or of a regulated foreign entity, as defined in section 2 of that Act.

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• 25 (1) A federal member institution shall submit

  • [...]

  • (b) where required, to an examination of its affairs by or on behalf of the Corporation for a specified purpose at such times as the Corporation may require.

• (2) In furtherance of any examination referred to in subsection (1), a federal member institution shall open its records for examination, facilitate the examination so far as it is in its power, cause its directors, officers, employees, agents and representatives to cooperate in such examination, give access to all minutes, accounts, cash, securities, documents and vouchers of the member institution and provide necessary information.

• 26 (1) A provincial member institution shall, in accordance with paragraph 28(a) of the Act, submit to an inspection of its affairs by the Corporation or a person designated by the Corporation

  • [...]

  • (b) at such other times as the Corporation deems appropriate.

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33 If the policy of the member institution is terminated or cancelled, the institution shall continue to be bound by the provisions of the policy as if it were still a member institution until it no longer holds any deposits that are insured by the Corporation.

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