This Membership should only be used by you and, if applicable, your co-applicant. A third party is someone other than yourself and the co-applicant.

A politically exposed foreign person is someone who holds or has held a senior position in a foreign state. We ask this to comply with anti-money laundering and terrorist financing regulations.

Full definition

Select the purpose or intended use of this membership. We ask this as part of government measures to deter money laundering and terrorist financing.

Canadian law requires all Financial Institutions to determine if you, or a family member or close associate, are a politically exposed person ("PEP") or head of an international organization ("HIO").

Senior official in respect of a Foreign PEP means:
head of a foreign state or government; member of the executive council of government or member of a legislature of a foreign government; deputy minister or equivalent rank; ambassador or attaché or counsellor of an ambassador; military officer with a rank of general or above; president of a state-owned company or a state-owned bank; head of a government agency; judge of a foreign supreme court, constitutional court or other court of last resort; or leader or president of a political party represented in a foreign legislature.

Family member means a senior official's:
child; parent; parent's child (sibling); spouse or common-law partner; and spouse's or common-law partner's parent.

Close associate means a person closely connected to a senior official or a HIO for personal (social) or business (professional) reasons. Examples: business partner; prominent member of the same political party or union; serves on the same board of directors; romantic partner; involved in financial transactions.

Canadian law requires all Financial Institutions to determine if you, or a family member or close associate, are a politically exposed person ("PEP") or head of an international organization ("HIO").

Senior official in respect of a Domestic PEP means:
Governor General, lieutenant Governor or head of government; member of the Senate or House of Commons or member of a legislature; deputy minister or equivalent rank; ambassador, or attaché or counsellor of an ambassador; military officer with a rank of general or above; president of a corporation that is wholly owned directly by Her Majesty in right of Canada or a province; head of a government agency; judge of an appellate court in a province, the Federal Court of Appeal or the Supreme Court of Canada; leader or president of a political party represented in a legislature; or mayor (head of a city, town, village, or rural or metropolitan municipality, regardless of population size).

Family member means a senior official's:
child; parent; parent's child (sibling); spouse or common-law partner; and spouse's or common-law partner's parent.

Close associate means a person closely connected to a senior official or a HIO for personal (social) or business (professional) reasons. Examples: business partner; prominent member of the same political party or union; serves on the same board of directors; romantic partner; involved in financial transactions.

Canadian law requires all Financial Institutions to determine if you, or a family member or close associate, are a politically exposed person ("PEP") or head of an international organization ("HIO").

An international organization is an organization set up by the governments of more than one country. It is established by a formal, signed agreement between the countries, recognized by law in their member countries, but is not resident in any one member country. Examples of international organizations include: Commonwealth; Organization for Economic Co-operation and Development; International Criminal Court. Examples of institutions established by international organizations include: World Bank Group; International Atomic Energy Agency; World Trade Organization.

Family member means a HIO's:
child; parent; parent's child (sibling); spouse or common-law partner; and spouse's or common-law partner's parent.

Close associate means a person closely connected to a senior official or a HIO for personal (social) or business (professional) reasons. Examples: business partner; prominent member of the same political party or union; serves on the same board of directors; romantic partner; involved in financial transactions.

The Canadian government requires us to ask this question. Generally, an individual will be a tax resident of a country if, under the laws of that country, they pay or should be paying tax there because of their domicile, residence, or a similar criterion. Individuals who are tax residents in more than one country can rely on the tie-breaker rules in tax conventions (when they apply) to resolve cases of dual tax residence. For more information, go to http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/#d.en.347760.

The Canadian government requires us to ask this question. Generally, an individual will be a tax resident of a country if, under the laws of that country, they pay or should be paying tax there because of their domicile, residence, or a similar criterion. Individuals who are tax residents in more than one country can rely on the tie-breaker rules in tax conventions (when they apply) to resolve cases of dual tax residence. For more information, go to http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/#d.en.347760.

The Canadian government requires us to ask this question. Generally, an individual will be a tax resident of a country if, under the laws of that country, they pay or should be paying tax there because of their domicile, residence, or a similar criterion. Individuals who are tax residents in more than one country can rely on the tie-breaker rules in tax conventions (when they apply) to resolve cases of dual tax residence. For more information, go to http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/#d.en.347760.