Canada Deposit Insurance Corporation Differential Premiums By-law (SOR/2025-165)

Marginal note:Submission of documents

• 5 (1) Every member institution must submit to the Corporation

  • (a) not later than October 31 of each year, a return in the form required by the Corporation under subsection 22(1) of the Act, completed using data as of the end of the second quarter of the current financial year of the member institution and in accordance with the instructions that are, as of the day on which the return is submitted, set out in the Differential Premiums Manual, published by the Corporation and made available on its website;

  • (b) not later than April 30 of each year, a return in the form required by the Corporation under subsection 22(1) of the Act, completed using data as of the end of the most recent financial year of the member institution that ended before that date and in accordance with the instructions that are, as of the day on which the return is submitted, set out in the Differential Premiums Manual, published by the Corporation and made available on its website;

  • (c) not later than April 30 of each year, the Basel III Capital Adequacy Reporting – Credit, Market and Operational Risk return, completed as of the end of the second and fourth quarters of the two preceding financial years of the member institution in accordance with the Capital Adequacy Requirements (CAR) – Guideline, issued by the Office of the Superintendent of Financial Institutions, as amended from time to time;

  • (d) not later than April 30 of each year, any of the following documents that the member institution was required to submit to the Superintendant, completed as of the end of the second and fourth quarters of the two preceding financial years of the member institution in accordance with the financial reporting instructions published by the Office of the Superintendent of Financial Institutions:

    • (i) the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI,

    • (ii) the Return of Allowances for Expected Credit Losses,

    • (iii) the Consolidated Monthly Balance Sheet,

    • (iv) Section III of the Mortgage Loans Report,

    • (v) the Non-Mortgage Loans Report (Quarterly),

    • (vi) the Pledging and REPOS Report,

    • (vii) the Deposit Liabilities Classified by Institutional Sector Report,

    • (viii) the Balance Sheet by Booking Location return,

    • (ix) the Net Stable Funding Ratio Reporting return, if the member institution is a domestic systemically important bank,

    • (x) the Liquidity Coverage Ratio (LCR) Reporting return, if the member institution is a domestic systemically important bank,

    • (xi) the Net Cumulative Cash Flow (NCCF) Return,

    • (xii) the Streamlined Net Cumulative Cash Flow (NCCF) Return,

    • (xiii) the Leverage Requirements Return, and

    • (xiv) the Operating Cash Flow Statement return; and

  • (e) not later than July 2 of each year, if the member institution becomes aware of an error or omission in its fall return or spring return or makes a change to a document submitted under paragraph (c) or (d),

    • (i) a revised fall return or spring return, or

    • (ii) a declaration identifying the error, omission or change and indicating that no modification to the member institution’s fall return or spring return is required as a result.

• Marginal note:Exception

  (2) Subsection (1) does not apply to a member institution to which any of subsections 3(3) to (7) or 4(2) apply.

• Marginal note:Financial information

  (3) The information provided by a member institution under subsection (1) must be

  • (a) consistent with audited financial statements prepared as of the end of the applicable financial year of the member institution; and

  • (b) based on consolidated financial information.

• Marginal note:Adjustments

  (4) The Corporation may make any necessary adjustments to a fall return, spring return or any other document submitted under this section if it has not been completed as required under this section.