CDIC Insights

How CDIC is Navigating the Evolving and Complex Financial Landscape

November 17, 2022 2:30pm

Emiel-Johan van der Velden
Head, Depositor Solutions, Insurance & Compliance
Canada Deposit Insurance Corporation (CDIC)

Several amendments to the CDIC Act that strengthen deposit insurance protection for trust deposits took effect April 30, 2022. The new rules are important because they impact how CDIC protects deposits held by trustees.

  • CDIC Observations: Understanding CDIC’s new coverage framework and lessons in the 6+ months since its implementation
  • What’s Next: CDIC’s proposed redesign of the differential premiums system
  • CDIC Payout Modernization Initiative: What it will mean for CDIC Members, Nominee Brokers, Professional Trustees, and other depositors
  • A CDIC lens on FinTech: Why CDIC cares about FinTech