Insurance Business (Banks and Bank Holding Companies) Regulations
Version of section 6 from 2012-03-01 to 2024-11-26:
6 A bank shall not, in relation to its business in Canada, promote an insurance company, agent or broker unless
(a) the company, agent or broker deals only in authorized types of insurance; or
(b) the promotion takes place outside a branch of the bank and is directed to
(i) all the holders of credit or charge cards issued by the bank who regularly receive statements of account or notices of those statements,
(ii) all the bank’s customers who are natural persons and who regularly receive statements of account or notices of those statements, or
(iii) the general public.
- SOR/2011-183, s. 4
- Date modified: