Our Thinking
Insights and big ideas from CIBC Mellon and BNY Mellon, designed to help institutional investors in Canada navigate today's complex market and regulatory environment.
Canada Enacts the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
July 2019
Canada’s Department of Finance announced that the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (also known as the Multilateral Instrument, or MLI) sponsored by the Organisation for Economic Co-operation and Development (OECD), has been enacted into law in Canada.
Fair Value Pricing
July 2019
When the price of a security isn’t readily available, fund managers are able to estimate the value of a security within a fund. This process is called fair value pricing or fair valuation.
Foreign Account Tax Compliance Act (FATCA)
July 2019
CIBC Mellon and many of its clients are required to take action by the U.S. Department of the Treasury, U.S. Internal Revenue Service (IRS) and the Canadian government (through the legislation introducing the Canada-U.S. Intergovernmental Agreement) (the "IGA") with respect to implementing the provisions of the Foreign Account Tax Compliance Act (FATCA).
New Proposed Regulations for Withholding on Transfers of Certain Partnership Interests
June 2019
The U.S. Treasury Department (Treasury) and the
U.S. Internal Revenue Service (IRS) issued proposed regulations
with guidance on how to apply withholding tax under U.S. Internal
Revenue Code (IRC) Section 1446(f).
The Race for Assets: Canada vs. the World
May 2019
Explore CIBC Mellon’s exclusive study of Canadian institutional investors’ shift to alternative investments. Our research highlights trends and expectations, and highlights areas where Canadians stand apart (or ahead) of global peers.