Professionalism demands that our well-respected research adheres to the highest standards of independence
and objectivity. Well before it became a front-page issue, we maintained strict divisions between our investment
banking activities and our equity analysis. High analyst standards, together with appropriate compliance policies,
disclosure and transparency, ensure that our clients have confidence in the integrity of our research product and
To view our Analysts Standards and Disclosures Policy, please click here. Please note that different
standards apply to the equity research produced in Mexico, by Scotiabank Inverlat S.A., Institución de Banca
Multiple, Grupo Financiero Scotiabank Inverlat, or Scotia Inverlat Casa de Bolsa S.A. de C.V.,
Grupo Financiero Scotiabank Inverlat.
To view our Canadian Listed Equity Execution Disclosure, click here.