External complaints bodies

From: Financial Consumer Agency of Canada

The Bank Act is the primary legislation governing all external complaints bodies in Canada. The Financial Consumer Agency of Canada (FCAC) is responsible for administering sections of the Act.

The complete text of the Act is posted on the Department of Justice Canada’s website.

Bank Act

Sections related to consumer provisions:

  • Paragraphs 157(2)(e) and (f), section 413.1, subsection 418.1(3), sections 439.1 to 459.5, subsections 540(2) and (3) and 545(4) and (5), paragraphs 545(6)(b) and (c), subsection 552(3) and sections 559 to 576.2 of the Bank Act together with any regulations made under or for the purposes of those provisions.

Bank Act Regulations

Approved external complaints bodies

Application guide

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