S-29.02, r. 3 - Regulation respecting the supervisory information of authorized trust companies

Section 1 Disposition versions

2020-06-11

1. For the purposes of section 156 of the Trust Companies and Savings Companies Act (chapter S-29.02) and in addition to the information protected under the professional secrecy of an advocate or notary, by litigation privilege or by a communication restriction provided for by the rules governing the law of evidence, in favour of an authorized trust company and communicated by the authorized trust company to the Autorité des marchés financiers, such information and the following information, held by an authorized trust company in relation to the supervision of the authorized trust company by the Autorité des marchés financiers, is confidential information:

(1)  any risk profile assessment rating assigned to the authorized trust company, when the rating is established by the Autorité des marchés financiers or a third person based on information obtained from the Autorité des marchés financiers;

(2)  any intervention stage rating assigned to the authorized trust company under a framework of the Autorité des marchés financiers for the supervision of financial institutions;

(3)  any instruction, order or recommendation, or any report produced by the Autorité des marchés financiers with regard to the authorized trust company;

(4)  any report, including a self-assessment, produced by the authorized trust company at the request of the Autorité des marchés financiers;

(5)  any correspondence exchanged between the Autorité des marchés financiers and the directors or officers of the authorized trust company with regard to the information referred to in this section.

M.O. 2020-12, s. 1.

Not in force

In force: 2020-06-11

1. For the purposes of section 156 of the Trust Companies and Savings Companies Act (chapter S-29.02) and in addition to the information protected under the professional secrecy of an advocate or notary, by litigation privilege or by a communication restriction provided for by the rules governing the law of evidence, in favour of an authorized trust company and communicated by the authorized trust company to the Autorité des marchés financiers, such information and the following information, held by an authorized trust company in relation to the supervision of the authorized trust company by the Autorité des marchés financiers, is confidential information:

(1)  any risk profile assessment rating assigned to the authorized trust company, when the rating is established by the Autorité des marchés financiers or a third person based on information obtained from the Autorité des marchés financiers;

(2)  any intervention stage rating assigned to the authorized trust company under a framework of the Autorité des marchés financiers for the supervision of financial institutions;

(3)  any instruction, order or recommendation, or any report produced by the Autorité des marchés financiers with regard to the authorized trust company;

(4)  any report, including a self-assessment, produced by the authorized trust company at the request of the Autorité des marchés financiers;

(5)  any correspondence exchanged between the Autorité des marchés financiers and the directors or officers of the authorized trust company with regard to the information referred to in this section.

M.O. 2020-12, s. 1.