Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
February 23 2024 - 10:28AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC
20549
Form
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the month of: February, 2024 |
Commission
File Number: 002-09048 |
THE BANK OF NOVA SCOTIA
(Name
of registrant)
40
Temperance Street, Toronto, Ontario, M5H 0B4
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
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. 333-261476) 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to the extent not superseded by documents or reports subsequently filed or furnished.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: February 23, 2024 |
By: |
/s/
Meigan
Terry
|
|
|
Name: Meigan Terry |
|
|
Title: SVP, Global Communications |
EXHIBIT
INDEX
Exhibit 99.1
Scotiabank updates 2023 Supplementary Financial
Information package reflecting impact of IFRS 17
TORONTO, Feb. 23, 2024 /CNW/ - The Bank of Nova Scotia
("Scotiabank" or the "Bank") (TSX: BNS) (NYSE: BNS) today released an abridged 2023 supplementary financial information
package, available on www.scotiabank.com/investorrelations. The package has been updated to reflect the impact of the adoption of IFRS
17, Insurance Contracts (IFRS 17), which replaces the guidance in IFRS 4, Insurance Contracts (IFRS 4).
The Bank adopted IFRS 17 on November 1, 2023, and
as required by the standard, has restated the 2023 comparative year results from the transition date of November 1, 2022.
IFRS 17 is applied on a full retrospective basis unless
impractical, where either the modified retrospective or fair value method may be used. As disclosed in our 2023 Annual Report, the Bank
has applied the full retrospective approach to its short duration contracts and the fair value approach to its longer duration contracts.
The impact of IFRS 17 is not significant to the Bank; however early disclosure has been made for the benefit of users.
The Bank's results for the first quarter of 2024 will
be released on February 27, 2024.
About Scotiabank
Scotiabank's vision is to be our clients' most trusted
financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by our purpose: "for every
future," we help our clients, 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 assets of approximately $1.4 trillion (as at October 31, 2023), 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
X @Scotiabank.
SOURCE Scotiabank
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/23/c4908.html
%CIK: 0000009631
For further information: John McCartney, Investor Relations, Scotiabank,
john.mccartney@scotiabank.com
CO: Scotiabank
CNW 08:05e 23-FEB-24
Bank Nova Scotia Halifax (NYSE:BNS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bank Nova Scotia Halifax (NYSE:BNS)
Historical Stock Chart
From Sep 2023 to Sep 2024