Bankruptcy means having declared bankruptcy, or been petitioned into bankruptcy, made an assignment, proposal or plan (including any Notice of Intention thereof) under any bankruptcy or insolvency legislation, been subject to or instituted any proceedings, arrangement or compromise with creditors, or had a receiver and/or receiver-manager appointed).
Business means any business over which the Certificant has (or had at the time of the bankruptcy) a significant influence. Significant influence may include being: a partner, officer, director or shareholder holding at least 10% of the voting shares of the business.
Financial Institution, includes, but is not limited to:
Offence includes but is not limited to an offence under:
If charged with an Offence, a CFP® professional or QAFP™ professional shall immediately notify FP Canada™, in writing, and provide specifics in respect of the Offence.