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Bank Of Nova Scotia 6-K, filed Aug 19, 2020

Bank Of Nova Scotia (BNS)

6-K 2020-08-19 For: 2020-08-19
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Added on April 11, 2026

About this 6-K

Bank Of Nova Scotia filed this 6-K on August 19, 2020.

SECURITIESAND EXCHANGE COMMISSION

Washington, DC 20549


Form6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For<br> the month of: August 2020 Commission<br>File Number: 002-09048

THE BANK OF NOVA SCOTIA

(Name of registrant)


44King Street West, Scotia Plaza 8^th^ floor, Toronto, Ontario, M5H 1H1

Attention: Secretary's Department (Tel.: (416) 866-3672)

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F                      Form 40-F    X

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

This report on Form 6-K shall be deemed to be incorporated by reference in The Bank of Nova Scotia’s registration statements on Form S-8 (File No. 333-199099) and Form F-3 (File No. 333-228614) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

THE BANK OF NOVA SCOTIA
Date: August 19, 2020 By: /s/<br> Meigan<br> Terry
Name: Meigan Terry
Title: SVP, Global Communications

EXHIBITINDEX


Exhibit Description<br> of Exhibit
99.1 News Release dated August 19, 2020 - Scotiabank reaches agreements with the U.S. Department of Justice<br>and the Commodity Futures Trading Commission

Exhibit 99.1


Scotiabank reaches agreements with the U.S. Department of Justice and the Commodity Futures Trading Commission

TORONTO, Aug. 19, 2020 /CNW/ - The Bank of Nova Scotia ("Scotiabank") has entered into a Deferred Prosecution Agreement ("DPA") with the U.S. Department of Justice (the "DOJ").  Additionally, the Commodity Futures Trading Commission (the "CFTC") issued three separate orders against Scotiabank (collectively, the "Orders"). The DPA and the Orders (together, the "Resolutions") resolve the DOJ's and CFTC's investigations into Scotiabank's activities and trading practices in the metals markets and related conduct as well as pre-trade mid-market marks and related swap dealer compliance issues.

Under the terms of the resolutions announced today, the Bank agreed to make aggregate payments to the DOJ and CFTC of approximately $127.5MM (USD) and to retain an independent compliance monitor.  The Bank fully reserved for the payments in these Resolutions in prior quarters.  Under one of the orders, the CFTC will defer proceedings to suspend or revoke the Bank's provisional registration as a swap dealer subject to the Bank's implementation of a remediation plan, among other conditions.

At Scotiabank, we understand that in order to maintain the trust of our stakeholders, we must adhere to trading-related regulatory requirements and compliance policies.  We are committed to adhering to these standards.

About ScotiabankScotiabank is a leading bank in the Americas. Guided by our purpose: "for every future," we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of approximately 97,000 employees and assets of over $1.2 trillion (as at April 30, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

SOURCE Scotiabank

CisionView original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/19/c5193.html

%CIK: 0000009631

For further information: For Investor Relations enquiries only: Philip Smith, Investor Relations, 416-863-2866, philip.smith@scotiabank.com; For media enquiries only: Heather Armstrong, Global Communications, 416-933-3250, heather.armstrong@scotiabank.com

CO: Scotiabank

CNW 12:12e 19-AUG-20