The direct or indirect sale or purchase of, or brokering or assistance in the issuance of, DPRK public or public-guaranteed bonds issued after 18 February 2013 to or from the Government of the DPRK, its public bodies, corporations and agencies, the Central Bank of the DPRK, or banks domiciled in the DPRK, or branches and subsidiaries, within and outside the jurisdiction of Member States, of banks domiciled in the DPRK, or financial entities that are neither domiciled in the DPRK nor within the jurisdiction of the Member States, but are controlled by persons or entities domiciled in the DPRK, as well as any persons or entities acting on t ...[+++]heir behalf or at their direction, or entities owned or controlled by them, shall be prohibited.

National supervisors remain responsible for issues such as consumer protection, money laundering, payment services and the supervision of branches of banks in EU countries which are not part of the SSM.

National supervisors remain responsible for issues such as consumer protection, money laundering, payment services and the supervision of branches of banks in EU countries which are not part of the SSM.

As you know, the Canadian Bankers Association works on behalf of 50 domestic banks, foreign bank subsidiaries, and foreign bank branches operating in Canada, and on behalf of their 263,000 employees across the country.

The Chairman: You also said that the majority of foreign banks operating had come in as subsidiaries or had created subsidiaries.

The " big six" banks - Bank of Montreal, Bank of Nova Scotia, CIBC, National Bank, Royal Bank, and Toronto-Dominion Bank - are Schedule I banks. ABN AMRO Bank Canada, the Hong Kong Bank of Canada, the Bank of America Canada and Deutsche Bank Canada, are examples of foreign bank subsidiaries currently operating in Canada as Schedule II banks; the Laurentian Bank and the Manulife Bank of Canada are examples of domestic Schedule II banks.