Banks and federal credit unions

The Bank Act is the primary legislation governing banks and federal credit unionsFootnote 1 in Canada. The Financial Consumer Agency of Canada (FCAC) administers sections of the Bank Act that have been designated as consumer provisions. FCAC also monitors compliance with codes of conduct and public commitments.

Bank Act

The complete text of the Bank Act can be found on the Department of Justice website.

The following sections of the Bank Act are designated as consumer provisions:

Bank Act Regulations

Codes of conduct

Public commitments


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