Foreign Account Tax Compliance Act (FATCA)
FATCA is part of the U.S. HIRE Act, signed into law on March 18th, 2010 by President Obama. Virtually every financial institution in the world is affected by FATCA requirements.Learn more
Anti-Money Laundering Certifications
RBC Global Approach to Anti-Money Laundering
This global certification of AML standards has been developed in response to requests for confirmation of AML standards across RBC. This letter of comfort is intended to demonstrate that the various RBC business units are guided by enterprise-wide anti-money laundering and related policies in setting their own RBC policies and procedures. Financial Institutions are encouraged to rely on this website posting as opposed to requesting individual certification.Learn more
USA Patriot Act
In response to the USA Patriot Act and final rules issued by the U.S Department of Treasury, the Royal Bank of Canada has executed a global certification applicable to all correspondent accounts maintained for it by Covered Financial Institutions. The Royal Bank of Canada has posted such certification on its website to allow every Covered Financial Institution needing such Certification to access it directly from here instead of requesting an individual certificate.Learn more
Basel II and III Disclosures
Basel II is an international accord on capital requirements that applies to banking institutions in various countries including Canada, United States of America and the United Kingdom (UK).
Basel III is a global regulatory standard on bank capital adequacy, stress testing and market liquidity risk.Learn more
Common Reporting Standard (CRS)
CRS was developed by the Organization for Economic Co-Operation and Development (OECD) and endorsed by the G20 Finance Ministers as the new global standard for the automatic exchange of financial account information to better fight tax evasion and improve tax compliance.Learn more
For Financial highlights, annual reports, quarterly information and other financial results, see our Investor Relations site.
Community and Social Impact
Creating a positive social impact is integral to how we do business and core to our culture. As a purpose-driven company, we hold an important responsibility to help create positive social and economic impact within our communities.