Assessment of Financial Institutions Regulations, 2001 (SOR/2001-177)
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Regulations are current to 2013-04-29 and last amended on 2013-01-01. Previous Versions
Assessment of Financial Institutions Regulations, 2001
SOR/2001-177
OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS ACT
Registration 2001-05-17
Assessment of Financial Institutions Regulations, 2001
P.C. 2001-891 2001-05-17
Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 23(3)Footnote a of the Office of the Superintendent of Financial Institutions ActFootnote b, hereby makes the annexed Assessment of Financial Institutions Regulations, 2001.
Return to footnote aS.C. 1997, c. 15, s. 339
Return to footnote bR.S., c. 18 (3rd Supp.), Part I
INTERPRETATION
1. The following definitions apply in these Regulations.
- “Act”
“Act” means the Office of the Superintendent of Financial Institutions Act. (Loi)
- “affiliate”
“affiliate” has the same meaning as in section 2 of the Bank Act. (membre du groupe)
- “approved mortgage insurer”
“approved mortgage insurer” means an approved mortgage insurer within the meaning of section 2 of the Protection of Residential Mortgage or Hypothecary Insurance Act or a corporation or company that is treated as if it were an approved mortgage insurer in accordance with subsection 6(4) or 7(1) of that Act, respectively. (assureur hypothécaire agréé)
- “authorized foreign bank”
“authorized foreign bank” has the same meaning as in section 2 of the Bank Act. (banque étrangère autorisée)
- “cooperative credit association”
“cooperative credit association” means an association to which the Cooperative Credit Associations Act applies and includes a central cooperative credit society for which an order has been made under subsection 473(1) of that Act. (association coopérative de crédit)
- “foreign fraternal benefit society”
“foreign fraternal benefit society” has the same meaning as in section 571 of the Insurance Companies Act. (société de secours étrangère)
- “foreign life company”
“foreign life company” has the same meaning as in section 571 of the Insurance Companies Act. (société d’assurance-vie étrangère)
- “life company”
“life company” has the same meaning as in subsection 2(1) of the Insurance Companies Act. (société d’assurance-vie)
- “loan company subsidiary”
“loan company subsidiary”, in respect of a bank, means a subsidiary of the bank that is a trust and loan company and that is not authorized under the Trust and Loan Companies Act to carry on any activity referred to in section 412 of that Act. (société de prêt filiale)
- “society”
“society” has the same meaning as in subsection 2(1) of the Insurance Companies Act. (société de secours)
- “subsidiary”
“subsidiary” has the same meaning as in section 2 of the Bank Act. (filiale)
- “trust and loan company”
“trust and loan company” means a company to which the Trust and Loan Companies Act applies. (société de fiducie et de prêt)
- SOR/2012-233, s. 1.
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