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Amex Bank of Canada Basel Pillar III Disclosure


Amex Bank of Canada (the “Bank”) is a Schedule II bank and is a wholly owned subsidiary of the New York, USA based American Express Travel Related Services Company, Inc (“TRS”). The Bank is a leading provider of credit card issuing and merchant acquiring services in Canada and is supervised by the Office of The Superintendent of Financial Institutions Canada (“OSFI”).

The purpose of the Pillar III disclosures is to meet the regulatory requirements as set out by OSFI and pursuant to the Basel Committee on Bank Supervision and to provide market participants with further information on the scope of application, capital, risk exposures, risk assessment processes, and the capital adequacy of the Bank.

Pillar III Regulations

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