Bare Trust Agreement Iiroc
The former IDA (now IIROC) and the Canadian Investor Protection Fund (CIPF) entered into an agreement on May 9, 2005 in which all existing custody agreements, executed on behalf of the CIPF as a mere agent, were awarded to IIROC for transmission. In managing these custody agreements, IIROC is diligent in ensuring that the trust agreement is in the form prescribed and properly executed by those responsible. Copies of the agreement are available on request. Two signed copies of the simple agent agreement (non-negotiable for the modification of the agreement). What documentation is required to include a fund manager in the monthly trustee list of IIROC directors? A list of all implemented deposit agreements is regularly published by the MFDA and can be accessed under mfda.ca/news-and-publications/custodial-agreements/. When the investment fund company or the financial institution and its respective investment products held on behalf of the member are mentioned in this listing, the member may conclude that the assets are held in an “acceptable investment position.” 1. What is the purpose of the bare trust agreement The approved listing for Bare Trustee agreements is updated and established monthly. It is available on the IIROC website under Dealer Member Rules / IIROC Notices. What is the administrative role of IIROC in approving the simple agent agreement? MUTUAL FUND DEALERS ASSOCIATION OF CANADA/CANADIAN ASSOCIATION OF MUTUAL FONDS COURTIERS, Suite 1000, 121 King Street West, Toronto, Ontario, M5H 3T9, for and on behalf of its members, as an agent, Hat AIC Limited awarded the agreement to Elliott Page Limited. After receipt and verification of the above points, additional documents (i.e. statutes; last audited financial statements; documents supporting registration as an investment fund manager) are requested from the custodian prior to the implementation of the agreement by the MFDA. As part of the MFDA`s due diligence in verifying the custodian`s adequacy as an acceptable investment site, the MFDA will verify whether the investment fund company or financial institution has already entered into a fiduciary deposit agreement with another securities self-regulatory body.