(2) In every premium year that begins on or after May 1, 2013, every member institution must certify whether or not it is in compliance with this By-law and must submit that certification with the Return of Insured Deposits that it submits under subsection 22(1) of the Act.

When a bank receives $11,000 in cash, does $10,000 of it automatically have to be reported or does the bank have some discretion in consideration of a customer of 30 years, for example, and not report the amount?

It would seem clear that somewhere along the line pretty soon, unless the FTRAC is proposing to accumulate an extraordinary amount of utterly useless information and keep it forever, and keep the credit unions and other financial institutions generating enormous volumes of reporting that will never be used, we're going to need an exemption list that exempts regular deposits from retailers.

(b) the host Member State scheme will meet claims for supplementary compensation upon a declaration from the home Member State's competent authorities that deposits are unavailable.

5. The expiry of a declaration, a notice of revocation or a new declaration shall not in any way affect proceedings pending before an arbitral tribunal or the International Court of Justice unless the parties to the dispute otherwise agree.

[71] 1 Article 2 -"Confiscation measures: (1) Each Party shall adopt such legislative and other measures as may be necessary to enable it to confiscate instrumentalities and proceeds or property the value of which corresponds to such proceeds (2) Each Party may, at the time of signature or when depositing its instrument of ratification, acceptance, approval or accession, by a declaration addressed to the Secretary General of the Council of Europe, declare that paragraph 1 of this article applies only to offences or categories of offences specified in such declaration".