The cash on hand in the branch is not what determines, from the regulator's perspective, whether you're sufficiently well capitalized.
On October 31st, 2016. See this statement in context.
On October 31st, 2016. See this statement in context.
October 31st, 2016 / 3:30 p.m.
Vice-President, Finance, Risk and Prudential Policy, Canadian Bankers Association
The cash on hand in the branch is not what determines, from the regulator's perspective, whether you're sufficiently well capitalized.
See context to find out what was said next.