TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FOREIGN BANK BRANCH [1 record]

Record 1 1999-03-24

English

Subject field(s)
  • Financial and Budgetary Management
  • Public Sector Budgeting
CONT

A foreign bank branch, on the other hand, refers to the Canadian operations of a foreign bank, and is not a separate corporate entity from the foreign bank. Foreign bank branches in Canada will be subject to lighter regulation by the Office of the Superintendent of Financial Institutions, reflecting the fact that branches will not be permitted to accept retail deposits.

OBS

Terminology found in the 1999 Federal Budget.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Budget des collectivités publiques
CONT

Dans le cas d'une succursale d'une banque étrangère, il s'agit plutôt des activités d'une banque étrangère au Canada, la succursale n'étant pas définie comme étant une entité autonome. Les succursales de banques étrangères au Canada seront soumises à une réglementation plus souple par le Bureau du surintendant des institutions financières, étant donné qu'elles ne pourront pas accepter de dépôts de détail.

OBS

Terminologie extraite du Budget 1999.

Spanish

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