Industry news

Updated Information Bulletin will help with Information By-law compliance

Industry news

OTTAWA – April 23, 2020 –CDIC has released an updated Information Bulletin (PDF, 408 KB), to help its member institutions better understand the requirements of the Deposit Insurance Information By-law (“DIIB”).

The revised bulletin provides enhanced guidance and a more streamlined approach to assist CDIC members to meet compliance requirements. The DIIB sets out measures to ensure CDIC members provide accurate information about CDIC deposit insurance.

The updated Information Bulletin also reflects changes to the deposit insurance framework, coming into effect on April 30, 2020.

For further questions or assistance on matters related to the Deposit Insurance Information By-law, please contact members@cdic.ca.

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