Regulation for the Canadian Market
Corvenhall Trust operates within the Canadian regulatory framework governing services related to digital assets and cryptocurrencies, including applicable federal requirements, as well as the requirements of individual provinces and territories.
Registration and Regulatory Oversight in Canada
| Jurisdiction | Regulatory Authority | Registration / Regulatory Framework |
|---|---|---|
| Canada — Federal Level | FINTRAC | Registration and compliance with Canadian requirements for anti-money laundering and counter-terrorist financing. |
| Ontario | OSC | Compliance with Ontario securities legislation and applicable registration requirements for crypto-asset trading activities. |
| Quebec | AMF | Compliance with Quebec securities legislation and applicable registration requirements for crypto-asset trading activities. |
| British Columbia | BCSC | Compliance with British Columbia securities legislation and applicable registration requirements for crypto-asset trading activities. |
| Alberta | ASC | Compliance with Alberta securities legislation and applicable registration requirements for crypto-asset trading activities. |
| Other Provinces and Territories | Relevant Regulatory Authorities | Compliance with applicable securities and crypto-asset trading requirements. |
AML and Financial Crime Prevention
Corvenhall Trust maintains an AML/ATF program that includes customer verification, transaction monitoring, record-keeping, mandatory regulatory reporting, and financial crime prevention measures.
Corvenhall Trust is registered with FINTRAC as a Money Services Business (MSB) and complies with the requirements applicable to registered MSBs in Canada.
CIRO and Crypto-Asset Regulation
Corvenhall Trust's internal control framework takes into account requirements applicable to regulated Crypto Asset Trading Platforms (CTPs), including relevant requirements for Investment Dealers and CIRO, as well as applicable provincial and territorial regulatory requirements.
Regulation for the Australian Market
Corvenhall Trust operates within Australia's federal regulatory framework governing digital assets and financial services, including requirements administered by AUSTRAC and ASIC.
Registration and Regulatory Oversight in Australia
| Jurisdiction | Regulatory Authority | Registration / Regulatory Framework |
|---|---|---|
| Australia — Federal Level | AUSTRAC | Registration and compliance with Australian anti-money laundering and counter-terrorist financing requirements applicable to regulated virtual asset-related services. |
| Australia — Federal Level | ASIC | Compliance with Australian financial services legislation and applicable licensing requirements for regulated crypto-asset activities. |
AML and Financial Crime Prevention
Corvenhall Trust maintains an AML/CTF program that includes customer verification, due diligence, transaction monitoring, record-keeping, mandatory regulatory reporting, and financial crime prevention measures.
Corvenhall Trust is registered with AUSTRAC as a Virtual Asset Service Provider (VASP) and complies with the requirements applicable to registered VASPs in Australia.
ASIC and Financial Services Regulation
Where digital assets or related services fall within Australia's financial services regulatory framework, applicable requirements may include holding an Australian Financial Services (AFS) licence, obtaining relevant authorisations, and complying with requirements relating to customer protection and disclosure.
Regulatory Transparency
Corvenhall Trust seeks to maintain the registrations, authorisations, and compliance procedures required for the services it provides in each applicable jurisdiction.
Regulation does not eliminate investment risks or guarantee profits. Digital assets are subject to market volatility and other risks.