Canada Deposit Insurance Corporation Deposit Insurance Policy By-law

Record-keeping rules updated for member institutions that are subsidiaries of foreign banks or foreign entities

A previously pending amendment to the deposit insurance by-law has now been brought into force, clarifying when a member institution may keep certain records outside Canada. The rule now explicitly lists two separate…

CDIC deposit insurance by-law updated: examiner definition clarified, intervention guide renamed, and premium filing rules simplified

Four previously pending amendments to the Canada Deposit Insurance Corporation Deposit Insurance Policy By-law have now taken effect and been incorporated into the consolidated text. The definition of 'examiner' is no…