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S-29.02
- Trust Companies and Savings Companies Act
Summary
Regulations
2
Alphanumeric
Title
S-29.02, r. 1
Regulation under the Trust Companies and Savings Companies Act
S-29.02, r. 2
Regulation respecting the establishment of security by trust companies and savings companies in respect of the Canadian Depository for Securities Ltd (CDS) and Euroclear Clearance System Société Coopérative (Euroclear)
Full text
Current Version
Detailled Table of Contents
Updated to 13 June 2018
TITLE
I
PURPOSE, DEFINITIONS AND OTHER INTRODUCTORY PROVISIONS
TITLE
II
SUPERVISION AND CONTROL OF TRUST COMPANY ACTIVITIES AND OTHER TRUST COMPANY BUSINESS
CHAPTER
I
SUPERVISION AND CONTROL
CHAPTER
II
AUTHORIZATION OF THE AUTHORITY
DIVISION
I
OBLIGATION TO BE AUTHORIZED
DIVISION
II
APPLICATION FOR AUTHORIZATION
DIVISION
III
GRANTING OF AUTHORIZATION
CHAPTER
III
APPLICATION OF CERTAIN PROVISIONS TO FINANCIAL GROUPS AND LEGAL PERSONS ACTING ON BEHALF OF AN AUTHORIZED TRUST COMPANY
CHAPTER
IV
COMMERCIAL PRACTICES
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
COMPLAINT PROCESSING AND DISPUTE RESOLUTION POLICY AND EXAMINATION OF COMPLAINT RECORDS BY THE AUTHORITY
DIVISION
III
SPECIAL PROVISIONS RESPECTING FIXED TERM ANNUITIES AND CERTAIN INVESTMENT FUNDS
DIVISION
IV
SPECIAL PROVISIONS RESPECTING ACTIVITIES BETWEEN FINANCIAL INSTITUTIONS
CHAPTER
V
PRUDENTIAL RULES
DIVISION
I
MANAGEMENT PRACTICES
DIVISION
II
ADMINISTRATION OF THE PROPERTY OF OTHERS
DIVISION
III
INVESTMENTS
§
1
General provisions
§
2
Provisions applicable to all authorized trust companies
§
3
Provisions specific to authorized Québec trust companies
I
Acquisition of participations and co-ownership
II
Accessory guarantees for certain investments
III
Penalties
CHAPTER
VI
GOVERNANCE
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
PROVISIONS SPECIFIC TO AUTHORIZED QUÉBEC TRUST COMPANIES
§
1
Composition of the board of directors
§
2
Establishment and composition of the audit committee and ethics committee
§
3
Functions of the audit committee
§
4
Functions of the ethics committee
CHAPTER
VII
AUDITOR
DIVISION
I
QUALIFICATIONS AND BEGINNING AND END OF TERM
DIVISION
II
DUTIES AND POWERS
DIVISION
III
CONTINUATION OR BROADENING OF AN AUDIT, AND SPECIAL AUDIT
CHAPTER
VIII
ANNUAL STATEMENTS AND OTHER COMMUNICATIONS WITH THE AUTHORITY
CHAPTER
IX
REVIEW OF AN AUTHORIZATION
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
REVIEW ON THE AUTHORITY’S INITIATIVE
DIVISION
III
REVIEW ON AN AUTHORIZED TRUST COMPANY’S APPLICATION
DIVISION
IV
REVIEW IN LIGHT OF CERTAIN OPERATIONS
CHAPTER
X
REVOCATION AND SUSPENSION OF, AND CONDITIONS OR RESTRICTIONS THAT MAY BE ATTACHED TO, AN AUTHORIZATION
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
FORCED REVOCATION, SUSPENSION AND CONDITIONS OR RESTRICTIONS
DIVISION
III
VOLUNTARY REVOCATION
CHAPTER
XI
REGISTER OF AUTHORIZED TRUST COMPANIES
CHAPTER
XII
CONFIDENTIALITY OF SUPERVISORY INFORMATION
TITLE
III
QUÉBEC TRUST COMPANIES AND QUÉBEC SAVINGS COMPANIES
CHAPTER
I
REGULATION BY THIS TITLE
DIVISION
I
COMPANIES CONCERNED
DIVISION
II
BECOMING REGULATED BY THIS TITLE
DIVISION
III
NOTICE OF INTENTION AND APPLICATION TO BECOME REGULATED BY THIS TITLE
DIVISION
IV
MINISTER’S DECISION
CHAPTER
II
APPLICATION OF THE BUSINESS CORPORATIONS ACT TO A REGULATED CORPORATION
CHAPTER
III
ORGANIZATION OF A REGULATED CORPORATION
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
CONCLUSION OF THE ORGANIZATION OF A REGULATED CORPORATION
CHAPTER
IV
NAME
CHAPTER
V
RESTRICTIONS ON ACTIVITIES
CHAPTER
VI
LOANS, HYPOTHECS AND OTHER SECURITIES
CHAPTER
VII
SHARE CAPITAL
DIVISION
I
ISSUE
DIVISION
II
MAINTENANCE OF SHARE CAPITAL
DIVISION
III
DISCLOSURE OF CERTAIN INTERESTS AND RESTRICTIONS CONCERNING THE EXERCISE OF THE VOTING RIGHTS CARRIED BY THE SHARES ISSUED BY A REGULATED CORPORATION
CHAPTER
VIII
DIRECTORS AND OFFICERS
DIVISION
I
BOARD OF DIRECTORS
DIVISION
II
DISQUALIFICATION
DIVISION
III
QUORUM
DIVISION
IV
DIRECTOR’S DUTY
DIVISION
V
PROHIBITED ACTS AND LIABILITY
CHAPTER
IX
AMENDMENT, CONSOLIDATION, CORRECTION AND CANCELLATION OF ARTICLES
CHAPTER
X
CONTINUANCE
DIVISION
I
CONTINUANCE AS A REGULATED CORPORATION
DIVISION
II
CONTINUANCE UNDER THE LAWS OF A JURISDICTION OTHER THAN QUÉBEC
CHAPTER
XI
AMALGAMATION
DIVISION
I
GENERAL PROVISIONS
DIVISION
II
APPLICATION FOR PERMISSION TO AMALGAMATE
DIVISION
III
MINISTER’S DECISION
CHAPTER
XII
TERMINATION OF REGULATION BY THIS TITLE
CHAPTER
XIII
MINISTER’S POWERS
TITLE
IV
ENFORCEMENT AND OTHER POWERS OF THE AUTHORITY
CHAPTER
I
INSTRUCTIONS, GUIDELINES AND ORDERS
CHAPTER
II
CONSERVATORY MEASURES
CHAPTER
III
INJUNCTION AND PARTICIPATION IN PROCEEDINGS
CHAPTER
IV
CANCELLATION OF A CONTRACT OR SUSPENSION OF ITS PERFORMANCE
CHAPTER
V
ADMINISTRATION OF THE ACT, REPORTS AND MISCELLANEOUS PROVISIONS
CHAPTER
VI
REGULATIONS
TITLE
V
PROHIBITIONS, MONETARY ADMINISTRATIVE PENALTIES AND PENAL PROVISIONS
CHAPTER
I
PROHIBITIONS
CHAPTER
II
MONETARY ADMINISTRATIVE PENALTIES
DIVISION
I
FAILURES TO COMPLY
DIVISION
II
NOTICE OF NON-COMPLIANCE AND IMPOSITION
DIVISION
III
REVIEW
DIVISION
IV
RECOVERY
DIVISION
V
REGISTER
CHAPTER
III
PENAL PROVISIONS
TITLE
VI
TRANSITIONAL PROVISIONS
TITLE
VII
FINAL PROVISIONS
0
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