Trust Companies Filing Requirements

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Trust Companies Incorporated in the Province of British Columbia

Pursuant to Section 127 of the Financial Institutions Act (“FIA”), every trust company incorporated in British Columbia that held a business authorization for this province at the end of its latest fiscal year is required to file year end information with this office and pay an annual fee.

Penalties for Non-Compliant Filing

Please note that the above filing submissions are subject to Non-Compliant Filings Administrative Penalty under the Administrative Penalties Regulation of the Financial Institutions Act.

If further extensions are required please email your request to [email protected] with attention to Financial & Regulatory Reporting, Financial Institutions Division.

Trust Companies Licensed in the Province of British Columbia

Annual Filing

Every trust company incorporated by or under the laws of a jurisdiction other than British Columbia (extraprovincial trust company) that held a business authorization for this Province at the end of its latest fiscal year is required to file year end information with this office and pay an annual fee.

Filings Required

All filing requirements should be sent by email, subject line should include Company Name and the word ‘Filing’, to [email protected].

Primary Regulator — OSFI:
M4-Balance Sheet
P3-Statement of Comprehensive Income, Retained Earnings and AOCI
R2-Regional Distribution of Selected Assets and Liabilities
BCAR-Basel Capital Adequacy Reporting
LCR — Liquidity Coverage Ratio **
Assets Under Administration (“AUA”) in British Columbia**
Corporate Information Form
Audited Financial Statements
Parent’s Audited Financial Statements
Annual Report
Primary Regulator — Alberta* (Alberta Treasury Board and Finance):
Sch 1-Balance Sheet
Sch 3-Income Statement
Sch 5-Deposits, Loans & ETA Distributed by Province/Territory
LCR — Liquidity Coverage Ratio **
Assets Under Administration (“AUA”) in British Columbia**
Corporate Information Form
Audited Financial Statements
Parent’s Audited Financial Statements
Annual Report
Primary Regulator — Quebec* (Autoritè des marchès financiers):
Sch 1-Balance Sheet
Sch 4-Loans in Arrears
Sch 5-Deposits, Loans & ETA Distributed by Province/Territory
Sch 6-Maturities & Interest Rate Matching
Sch 13-Global Results
LCR — Liquidity Coverage Ratio **
Assets Under Administration (“AUA”) in British Columbia**
Corporate Information Form
Audited Financial Statements
Parent’s Audited Financial Statements
Annual Report
* For the purpose of section 7 of the Capital Requirements Regulation and section 2 of the Designation of Provinces Regulation of the Financial Institutions Act, designated extraprovincial trust corporations are required to meet a minimum adequate capital base as set out in the laws of its primary jurisdiction.

** New filing requirements effective fiscal year 2017.

Please note that in addition to filing with this office, the British Columbia Financial Institutions Act (“FIA”) requires all extraprovincially authorized companies to be registered with the Corporate Registry office. Details regarding the filings required by the Corporate Registry can be found at BC Registries and Online Services. Failure to comply with the filing requirements of the Corporate Registry may result in the cancellation of your extraprovincial registration with that office.

Filing Deadlines

For all extraprovincial trust companies, the filing deadline is 90 days after the fiscal year-end. 

Penalties for Non-Compliant Filing

Please note that the above filing submissions are subject to Non-Compliant Filings Administrative Penalty under the Administrative Penalties Regulation of the Financial Institutions Act.

If you have any questions or concerns with the filing process, please contact Financial & Regulatory Reporting, Financial Institutions Division via email to [email protected].

Quarterly Filing — (Only Required When a Trust Company is Staged or Has Regulatory Issues)

A trust company incorporated by or under the laws of a jurisdiction other than British Columbia (extraprovincial trust company) that held a business authorization for this Province at the end of its latest fiscal quarter is only required to submit a quarterly filing if the trust company has regulatory issues and/or have prescribed filing requirements in their business authorizations.

Filings Required

All filing requirements should be sent by email, subject line should include Company Name and the word ‘Filing’, to [email protected].

Quarterly Filing
M4-Balance Sheet
P3-Statement of Comprehensive Income, Retained Earnings and AOCI
R2-Regional Distribution of Selected Assets and Liabilities
BCAR-Basel Capital Adequacy Reporting
LCR — Liquidity Coverage Ratio **
Assets Under Administration (“AUA”) in British Columbia**
** New filing requirements effective fiscal year 2017.

Filing Deadlines

For all extraprovincial trust companies, the filing deadline is 45 days after the quarter-end. 

Penalties for Non-Compliant Filing

Please note that the above filing submissions are subject to Non-Compliant Filings Administrative Penalty under the Administrative Penalties Regulation of the Financial Institutions Act.

If further extensions are required please email your request to [email protected] with attention to Financial & Regulatory Reporting, Financial Institutions Division.