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Canada Deposit Insurance Corporation Deposit Insurance Information By-law

Version of section 10 from 2018-09-30 to 2020-12-12:


 A member institution shall not, in the course of its deposit-taking activities relating to deposits eligible to be insured by the Corporation, use one of its trade names in its representations about who is a member institution, what constitutes a deposit or what constitutes a deposit that is insured by the Corporation, unless the member institution

  • (a) prepares and maintains an up-to-date list of those trade names;

  • (b) makes the list available on its website in the same location where the membership sign is displayed;

  • (c) provides the Corporation with a copy of the list not later than November 1, 2018 and, after that date, provides the Corporation with a copy of the list with its Return of Insured Deposits;

  • (d) provides the Corporation with not less than 15 days’ notice of any new trade name to be used in the course of its deposit-taking activities relating to deposits eligible to be insured by the Corporation and the date of the intended first public use of that trade name by the member institution; and

  • (e) permits the Corporation to make the contents of the list, and any updates to the list, available to the public.

  • SOR/2017-215, s. 11
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