Canada Deposit Insurance Corporation Differential Premiums By-law

15 (1) Subject to section 17, every member institution shall submit to the Corporation, not later than April 30 of every year,

• (a) the Reporting Form, completed in accordance with the instructions set out in the Form;

• (b) a list of its subsidiaries that are member institutions;

• (c) in the case of a federal member institution, the following returns unless they have been previously submitted to the Corporation, namely,

  • (i) the Capital Adequacy Returns, collectively entitled “Capital Adequacy Report”, set out in the Guidelines for Banks, Volume 1, or the Guidelines for Trust and Loan Companies, Volume 1, as the case may be, completed in accordance with the applicable Guidelines, as of the end of each of its two preceding fiscal years, that is, the end of the fiscal year ending in the year preceding the filing year and the end of the fiscal year ending in the second year preceding the filing year, and

  • (ii) if the Capital Adequacy Requirements - Market Risk, Part II, Guideline A of the Guidelines for Banks, Volume 1, or of the Guidelines for Trust and Loan Companies, Volume 1, apply in respect of the federal member institution, the Capital Adequacy Return - Market Risk set out in the Reporting Manual at the “Capital Adequacy - Market Risk” tab, completed in accordance with that Manual and Part II of the applicable Guidelines, as of the end of the fiscal year ending in the year preceding the filing year;

• (d) in the case of a provincial member institution, the following returns unless they have been previously submitted to the Corporation, namely,

  • (i) the Capital Adequacy Returns, collectively entitled “Capital Adequacy Report”, set out in the Guidelines for Trust and Loan Companies, Volume 1, completed in accordance with the Guidelines, as of the end of each of its two preceding fiscal years, that is, the end of the fiscal year ending in the year preceding the filing year and the end of the fiscal year ending in the second year preceding the filing year, and

  • (ii) where the greater of the value of its trading book assets and the value of its trading book liabilities meets the threshold criteria set out in the Capital Adequacy Requirements - Market Risk, Part II, Guideline A of the Guidelines for Trust and Loan Companies, Volume 1, the Capital Adequacy Returns - Market Risk set out in the Reporting Manual at the “Capital Adequacy - Market Risk” tab, completed in accordance with that Manual and Part II of those Guidelines, as of the end of the fiscal year ending in the year preceding the filing year;

• (e) the following documents set out in the Reporting Manual, namely,

  • (i) the Consolidated Statement of Income at the “Income Statement” tab, completed in accordance with that Manual, for its preceding fiscal year,

  • (ii) the Return of Impaired Assets at the “Impaired Assets” tab, completed in accordance with that Manual as of the end of its preceding fiscal year,

  • (iii) Section IV of the Securities Report at the “Securities” tab, completed in accordance with that Manual as of the end of its preceding fiscal year,

  • (iv) the Consolidated Monthly Balance Sheet at the “Balance Sheet” tab, completed in accordance with that Manual as of the end of its preceding fiscal year,

  • (v) Section III of the Mortgage Loans Report at the "Mortgage Loans" tab, completed in accordance with that Manual as of the end of its preceding fiscal year,

  • (vi) the Non-Mortgage Loan Report at the "Non-Mortgage Loans" tab, completed in accordance with that Manual as of the end of its preceding fiscal year; and

• (f) the audited financial statements on which the information provided in the Reporting Form and the returns and documents referred to in paragraphs (c) to (e) are based, unless those financial statements have been submitted to the Corporation under the Canada Deposit Insurance Corporation Deposit Insurance Policy By-law.

(2) The information provided by a member institution on the Reporting Form and in the returns and documents referred to in paragraphs (1)(c) to (e) must

• (a) be based on audited financial statements prepared as of the end of the applicable fiscal year;

• (b) be consistent with the financial statements referred to in paragraph (a); and

• (c) be based on consolidated financial information as of the end of the applicable fiscal year.

(3) Unless otherwise provided in this By-law, financial information that is provided under this By-law shall be prepared in accordance with generally accepted accounting principles, the primary source of which is the Handbook of the Canadian Institute of Chartered Accountants.

(4) If the audited financial statements referred to in paragraph (1)(f) have not been issued by April 30 of the filing year, the member institution shall

• (a) complete the Reporting Form and the returns and documents referred to in paragraphs (1)(c) to (e) based on its unaudited financial statements and submit them to the Corporation within the time required by subsection (1); and

• (b) not later than July first of the filing year, submit to the Corporation its audited financial statements and

  • (i) provide the Corporation with a declaration that the audited financial statements confirm the information that was previously provided and that no modifications are required to be made to the Reporting Form or to the returns and documents referred to in paragraphs (1)(c) to (e) as previously submitted, or

  • (ii) submit a revised Reporting Form and the returns and documents referred to in paragraphs (1)(c) to (e) in revised form if they have been revised to conform with the audited financial statements.