TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
FOREIGN-OWNED SCHEDULE II BANK [1 record]
Record 1 - internal organization data 1999-03-24
Record 1, English
Record 1, Subject field(s)
- Financial and Budgetary Management
- Public Sector Budgeting
Record 1, Main entry term, English
- foreign-owned Schedule II bank
1, record 1, English, foreign%2Downed%20Schedule%20II%20bank
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Since 1980, foreign banks have been allowed to establish regulated banking operations in Canada through the incorporation of separate Canadian subsidiaries. These subsidiaries, also known as foreign-owned Schedule II banks, have the same business powers as domestic-owned banks and are subject to essentially the same regulatory oversight by the Office of the Superintendent of Financial Institutions (OSFI). 1, record 1, English, - foreign%2Downed%20Schedule%20II%20bank
Record number: 1, Textual support number: 1 OBS
Terminology found in the 1999 Federal Budget. 2, record 1, English, - foreign%2Downed%20Schedule%20II%20bank
Record 1, French
Record 1, Domaine(s)
- Gestion budgétaire et financière
- Budget des collectivités publiques
Record 1, Main entry term, French
- banque de l'annexe II de propriété étrangère
1, record 1, French, banque%20de%20l%27annexe%20II%20de%20propri%C3%A9t%C3%A9%20%C3%A9trang%C3%A8re
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Depuis 1980, les banques étrangères peuvent exercer des opérations bancaires au Canada en constituant une filiale canadienne distincte. Ces filiales, également appelées banques de l'annexe II de propriété étrangère, ont les mêmes pouvoirs que les banques de propriété canadienne et sont essentiellement assujetties au même régime réglementaire de surveillance de la part du Bureau du surintendant des institutions financières (BSIF). 1, record 1, French, - banque%20de%20l%27annexe%20II%20de%20propri%C3%A9t%C3%A9%20%C3%A9trang%C3%A8re
Record number: 1, Textual support number: 1 OBS
Terminologie extraite du Budget 1999. 2, record 1, French, - banque%20de%20l%27annexe%20II%20de%20propri%C3%A9t%C3%A9%20%C3%A9trang%C3%A8re
Record 1, Spanish
Record 1, Textual support, Spanish
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