Reliance on Foreign Derivatives Dealer Exemption – Canada Derivatives business
Reliance on Foreign Derivatives Dealer Exemption pursuant to subsection 39(2)(b) of the Canadian National Instrument 93-101 Derivatives: Business Conduct (the “Business Conduct Rule”).
Crédit Agricole Corporate and Investment Bank (“Foreign Dealer”) is a foreign derivatives dealer under the Business Conduct Rule and will be relying on the exemption set out in Section 39 of the Business Conduct Rule for all transactions dealt with its clients domiciled in Canada.
The Foreign Dealer hereby provides notice of the following information:
- The head office or principal place of business of the Foreign Dealer is located in France.
- All or substantially all of the assets of the Foreign Dealer may be situated outside of any Canadian local jurisdiction.
- There may be difficulty enforcing legal rights against the Foreign Dealer because of the above.
- The names and addresses of the Foreign Dealer’s agents for service of process in the local jurisdiction are set out below: