Category
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Transaction Threshold
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Aggregate Threshold
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1. The purchase or provision of services from or to related parties.
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Greater of $50,000 or 1/50 of 1% of regulatory capital.
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Greater of $200,000 or 1/4 of 1% of regulatory capital per related
party, per financial year.
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2. Leasing to or from related parties.
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Greater of $50,000 or 1/50 of 1% of regulatory capital.
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Greater of $200,000 or 1/4 of 1% of regulatory capital per related
party, per financial year.
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3. The purchase or sale of assets, other than Securities, from or to
a related party.
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Greater of $100,000 or 1/10 of 1% of regulatory capital.
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Greater of $250,000 or 1/2 of 1% of regulatory capital per related
party, per financial year.
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4. Where the related party transaction consists of:
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the acquisition of Securities of a related party;
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the acquisition of Securities of a third party from a related
party;
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the disposition of Securities to a related party; or
- any of
the following transactions with an entity:
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a Loan to the related party;
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an endorsement or other guarantee of an obligation of the
related party; or
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taking an assignment or otherwise acquiring a Loan to such a
related party.
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Greater of $250,000 or 1/10 of 1% of regulatory capital.
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Greater of $750,000 or 1% of regulatory capital per related party
per financial year.
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5. Providing funding or credit to a related party who is a natural
person, other than a full-time senior officer, by way of
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a Loan, endorsement or other guarantee;
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taking an assignment or otherwise acquiring a Loan to such
related party.
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$250,000
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Greater of $500,000 or 1/50th of 1% of regulatory capital per
related party per financial year.
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6. Transactions not referenced in, or specifically excluded from, a
criteria as referenced above.
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Greater of $50,000 or 1/50 of 1% of regulatory capital.
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Greater of $50,000 or 1/25 of 1% of regulatory capital per related
party, per financial year.
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