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The 2000 Annotated Bank Act
Guy David, Louise S. Pelly
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This comprehensive softcover book is the best solution for your professional needs. It incorporates all the legislative developments that have occurred since the publication of the last edition. In particular, the book contains detailed commentary under each section of the Bank Act, including incorporation and continuance, corporate governance, ownership, business and powers, investments, self dealing, foreign banks, regulation of banks and sanctions. The authors address such key areas as:
• Concepts and definitions such as "authorized foreign bank" and "WTO Member resident" • Schedules to the Act that set out the foreign banks allowed to operate in Canada as direct branches and the banks from WTO Member countries that can open additional branches without ministerial approval • Reciprocity requirement for residents of non-WTO Member nations • Rules governing "authorized foreign banks" and the establishment of foreign bank branches in Canada as a lending branch or a full service branch • Rules governing the types of investments that foreign banks can make in Canadian institutions • Transition rules governing Schedule II banks that wish to convert to a foreign bank branch • Powers of authorized foreign banks including the granting of loans and the issuance of credit cards • Regulations and Rules which have been proclaimed in force under the Bank Act.
You'll also get analysis on issues such as tied selling, complaints handling, interest disclosure, privacy, taxation issues and more. The 2000 Annotated Bank Act is your one-stop source of information.
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