Reference: Guideline for Foreign Bank Branches
  Our File:  P3100-1

  July 13, 2001
 
Subject: Standard Form Deposit Agreement, Appendix I to
Guideline A-10, Capital Equivalency Deposit
 

OSFI has revised the Standard Form Deposit Agreement, Appendix I to Guideline A-10, Capital Equivalency Deposit. The revisions to the pro forma agreement take into account comments received from the industry.

Although the modifications are largely editorial in nature, OSFI wishes to draw your attention to the revisions under the headings: Deposited Assets, Powers and Authority of Depository, and Appointment of New Depository. In addition, the list of pre-approved assets outlined in Schedule A now includes Banker’s Acceptances.

Questions concerning the Appendix should be addressed to Mr. Henri Boudreau, Manager, Securities Administration Unit, at (613) 998-7478, by facsimile at (613) 998-5604, or by e-mail at hboudreau@osfi-bsif.gc.ca.

The Appendix is available in English and French on OSFI’s Web site at http://www.osfi-bsif.gc.ca under the Publications section. It may also be obtained by contacting Mr. Stéphane Dupel, General Services Division, by e-mail at extcomm@osfi-bsif.gc.ca or by facsimile at (613) 952-8219.

 
  John Doran
Assistant Superintendent
Supervision Sector