Advisories clarify OSFI's position regarding certain policy issues or describe how OSFI administers and interprets provisions of existing federal financial legislation, regulations or guidelines. They are not generally based on specific circumstances pertaining to a particular transaction or type of transaction. Federal financial institutions are expected to consider the relevance of these advisories to their own particular circumstances and to take appropriate action, if needed. Advisories are evolving documents and therefore may require revision from time to time. Revised Advisories will be identified with an "R" placed at the end of the number, and a revision date.
Questions or comments regarding these Advisories may be directed to the Legislation and Approvals Division.
Bank Act (BA)
Trust and Loan Companies Act (TLCA)
Insurance Companies Act (ICA)
Cooperative Credit Associations Act (CCAA)
| No. |
Subject |
BA |
TLCA |
ICA |
CCAA |
| 2007-02 |
Control in Fact |
Paragraph 3(1)(d) |
Paragraph 3(1)(d) |
Paragraph 3(1)(d) |
Paragraph 3(1)(e) |
| 2007-01 |
Insurance in Canada of Risks |
|
|
Part XIII |
|
| 2006-01 |
Legislative Framework for Foreign Banks
Form for Reporting Requirements |
Part XII |
|
|
|
| 2003-08 |
Substantial Investments – Fraternal benefit societies |
|
|
550-570.001 |
|
| 2003-07 |
Substantial Investments - Insurance companies and insurance holding companies |
|
|
490-514, 656, 966-991 |
|
| 2003-06 |
Substantial Investments – Trust and loan companies |
|
449-472 |
|
|
| 2003-05 |
Substantial Investments – Banks and bank holding companies |
464-484, 925-948 |
|
|
|
| 2003-04-R1 |
Capital Structure - Declaration and payment of dividends |
79, 722 |
82 |
761 |
86 |
| 2003-03-R1 |
Self-dealing – Asset transactions in restructuring |
494(4) |
482(4) |
527(4) |
418(3.1) |
| 2003-02 |
Investments - Large asset transactions |
482, 944 |
470 |
512, 569, 987 |
406 |
| 2003-01 |
Business and Powers - Commercial lending limit |
|
462 |
504, 980 |
399 |
| 2002-02 |
Business and Powers – Information respecting a customer |
Section 6 of the Insurance Business (Authorized Foreign Banks) Regulations Section 8 of the Insurance Business (Banks) Regulations |
Section 8 of the Insurance Business (Trust and Loan Companies) Regulations |
|
|
| 2002-01-R1 |
Corporate Names, Registered Names and Trade Names |
40, 42(2), 693, 696(4) |
41, 44(3) |
42, 44(3), 730, 733(4) |
35, 38(3) |