Reliance on International Dealer Exemption – Canada - Securities business

Reliance on International Derivatives Dealer Exemption pursuant to subsection 8.18(2) of the Canadian National Instrument 31-103 (“NI 31-103”) Registration Requirements, Exemptions and Ongoing Registrant Obligations, and Notification to Permitted Clients of the prescribed information under subsection 8.18(4)(b) of NI 31-103.

This disclosure is in connection with your account(s) and transactions with, and relevant services and products offered by or through:

  • Crédit Agricole Corporate and Investment Bank
  • Crédit Agricole Securities (USA), Inc.

(Each a “Crédit Agricole Entity” or collectively, the “Crédit Agricole Entities”)

The Crédit Agricole Entities (the “Foreign Dealers”) are foreign securities dealer and will be relying on the exemption set out in subsection 8.18(2) of the Canadian National Instrument 31-103 for all transactions dealt with its clients domiciled in Canada.

Further to relying on this exemption, the Foreign Dealers hereby provide notice of the following information:

  1. The Foreign Dealers are not registered as dealers in any Canadian province or territory;
  2. The head office or principal place of business of Foreign Dealers is located in the following foreign jurisdiction:
    1. Crédit Agricole Corporate and Investment Bank: France
    2. Crédit Agricole Securities (USA), Inc.: United States of America
  3. All or substantially all of the assets of the Foreign Dealers may be situated outside of Canada.
  4. There may be difficulty enforcing legal rights against the Foreign Dealers because of the above.
  5. The names and addresses of the Foreign Dealers agent for service of process in the local jurisdiction are set out below: