Representations/Obligations of the T2IB. 2.1 The T2IB represents that it is a Canadian financial institution as defined under Part XVIII and Part XIX, in good standing, and will provide confirmation of its status(es) for purposes of Part XVIII and Part XIX, including its GIIN where relevant, and will immediately notify the T2CB of any changes to its status(es). For greater certainty, T2IB will provide such information about itself and its clients as may be required from time to time by T2CB to satisfy the obligations under Part XVIII and Part XIX, particularly if T2IB treats itself as a “Financial Institution with a Local Client Base” or other type of non-reporting Canadian financial institution for the purposes of Part XVIII.
