Canada Deposit Insurance Corporation Differential Premiums By-law — 9
Definitions 9 (1) The following definitions apply in this section. materially non-compliant has the meaning assigned by paragraph 11(4)(c) of the Canada Deposit Insurance Corporation Resolution Planning By-law . ( sensiblement non conforme ) partially non-compliant has the meaning assigned by paragraph 11(4)(b) of the Canada Deposit Insurance Corporation Resolution Planning By-law . ( partiellement non conforme ) resolution plan has the same meaning as in section 1 of the Canada Deposit Insurance Corporation Resolution Planning By-law . ( plan de règlement ) Domestic systemically important banks (2) The Corporation must, on January 15 of each calendar year on the basis of information available to the Corporation on November 1 of the previous calendar year and on July 15 of each calendar year on the basis of information available to the Corporation on May 1 of that calendar year, assign one of the following scores to each member institution that is a domestic systemically important bank if the member institution has, for the premium year that begins in that calendar year, a fall quantitative score under section 7 in the case of the January 15 assignment or a spring quantitative score under that section in the case of the July 15 assignment: (a) 15, if the member institution is compliant with sections 2 to 4 of the Canada Deposit Insurance Corporation Data and System Requirements By-law , its resolution plan is compliant with the Canada Deposit Insurance Corporation Resolution Planning By-law and the member institution has not been notified that it is subject to enhanced monitoring by the Corporation; (b) 8, if the member institution is compliant with sections 2 to 4 of the Canada Deposit Insurance Corporation Data and System Requirements By-law and (i) its resolution plan is partially non-compliant and the member institution has not been notified that it is subject to enhanced monitoring by the Corporation, or (ii) its resolution plan is compliant with the Canada Deposit Insurance Corporation Resolution Planning By-law and the member institution has been notified that it is subject to enhanced monitoring by the Corporation because information has come to the attention of the Corporation about financial or regulatory weaknesses or deficiencies of the member institution that, if left unaddressed, could lead to the failure of the member institution; (c) 5, if (i) the member institution is non-compliant with any of sections 2 to 4 of the Canada Deposit Insurance Corporation Data and System Requirements By-law , its resolution plan is compliant with the Canada Deposit Insurance Corporation Resolution Planning By-law and the member institution has not been notified that it is subject to enhanced monitoring by the Corporation, or (ii) the member institution is compliant with sections 2 to 4 of the Canada Deposit Insurance Corporation Data and System Requirements By-law , its resolution plan is partially non-compliant and the member institution has been notified that it is subject to enhanced monitoring by the Corporation because information has come to the attention of the Corporation about financial or regulatory weaknesses or deficiencies of the member institution that, if left unaddressed, could lead to the failure of the member institution; or (d) 0, if (i) the member institution’s resolution plan is materially non-compliant, (ii) the member institution is non-compliant with any of sections 2 to 4 of the Canada Deposit Insurance Corporation Data and System Requirements By-law and its resolution plan is partially non-compliant, or (iii) the member institution has been notified that it is subject to enhanced monitoring by the Corporation because information has come to the attention of the Corporation about financial or regulatory weaknesses or deficiencies of the member institution that, if left unaddressed, are very likely to lead to the failure of the member institution. Other member institutions (3) The Corporation must, on Janu