S-29.02 - Trust Companies and Savings Companies Act

Section 88 Disposition versions

2019-06-13

88. Each year, the ethics committee of an authorized Québec trust company must send the Authority, within two months after the closing date of the company’s fiscal year, a report on the committee’s activities in that fiscal year.

The report must include or describe

(1)  the committee members’ names and addresses;

(2)  any change among the committee members;

(3)  a list of conflict of interest situations and contracts with natural persons or groups that are restricted parties with respect to the company which have come to the committee’s notice;

(4)  the measures taken to see that the rules of ethics are complied with; and

(5)  violations of the rules of ethics.

2018, c. 23, s. 395.

Not in force

In force: 2019-06-13

88. Each year, the ethics committee of an authorized Québec trust company must send the Authority, within two months after the closing date of the company’s fiscal year, a report on the committee’s activities in that fiscal year.

The report must include or describe

(1)  the committee members’ names and addresses;

(2)  any change among the committee members;

(3)  a list of conflict of interest situations and contracts with natural persons or groups that are restricted parties with respect to the company which have come to the committee’s notice;

(4)  the measures taken to see that the rules of ethics are complied with; and

(5)  violations of the rules of ethics.

2018, c. 23, s. 395.