Entities That May Be Conducting
In Canada Or The United States Without Authorization
The Office of the Superintendent of Financial
Institutions of Canada has published an updated list of entities that are not licensed
chartered banks in Canada and are not registered representative offices of foreign banks
in Canada. The attached listing supersedes a similar listing provided in FIL-31-95, dated April 13, 1995. These entities may be operating
in Canada in violation of the Bank Act (Canada) and also may be conducting unauthorized
banking transactions in the United States. Any proposed transactions involving these
entities should be viewed with extreme caution.
We have been informed that the Bank of North
America, Fort Lauderdale, Florida, is not associated in any manner with the Bank of North
America (Canada) listed on the attached Warning Circular.
If you have any information about these
entities, please forward it to the FDIC's Special Activities Section, 550 17th Street, N.
W., Room F-612, Washington, D. C. 20429.