Home News From the Regulators

Latest news in From the Regulators

Dogecoin

Much wow! Dogecoin comes to regulated platform

The OSC has allowed Wealthsimple to expand its crypto lineup and ease client limits

Time management concept. Composition with documents, stationary and alarm clock on table

Clock is ticking on LIBOR, OSFI warns

The regulator says we're entering a "critical phase" in the transition to risk-free rates

gavel

U.K. trader gets U.S. jail time

A trader has been sentenced for "spoofing" after being convicted by a Chicago jury

ESG investment

FCA seeks better climate disclosure from asset managers, companies

Regulator proposes TCFD-aligned rules for asset owners and public companies alike

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

OSC charges CannTrust directors, ex-CEO

The allegations stem from illegal cannabis production that was discovered in 2019

cryptocurrency

OSC takes action against British Virgin Islands cryptocurrency company Bybit

The regulator ordered cryptoasset businesses to explain how their operations meet provincial securities standards

rules and regulations

OSFI consults on revisions to insurers’ capital rules

Revisions to accommodate a new accounting standard are due in 2023

agreement, attorney, auction, authority, balance, barrister, beam, scale, book, bookcase, books, brass, brown, business, colourconcept, contract, counsel, court, courthouse, courtroom, crime, criminal, decision, defendant, divorce, enforcement, financefreedom, gavel, government, guilt, guilty, hammer, horizontal, innocence, judge, judgement, judgment, judicial, justice, lawlawyer, legal, legislation, liberty, libra, litigation, mallet, prosecution, punishment, rights, scale, scales, scales, of, justice, sentencesymbol, symbolic, system, tax, trial, tribunal, truth, verdict, weight, will, wood, wooden

Fraudsters face jail in US$150-million online scheme

Phony websites, offshore accounts were used to dupe banks and credit card companies

client meeting

SROs consult on CFR suitability guidance

The proposals are out for a 60-day comment period

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Court approves $100-million BMO class action settlement over FX fees

The legal team gets $20 million, and a former advisor turned plaintiff was awarded $50,000

Close of businesswoman making announcement in paper trumpet

OSFI consults on bank capital rule reforms

Revisions to implement latest Basel III reforms on OTC derivative risk

High angle view of mallet eyeglasses legal book in courtroom

AMF enforcement leads to $5.5M in fines, increased investor reimbursement

The Quebec regulator achieved its objectives despite the pandemic

gavel

BCSC settles with Crystal Wealth fund manager

Rep violated suitability obligations by investing clients in funds with risky holdings

cryptocurrency

Despite volatility, investors falling for crypto: FCA

As crypto usage rises, suspicion is declining, research finds

bitcoin ethereum litecoin concept coins on black

Strict capital rules on crypto good for banks: Moody’s

Proposals would protect banks and depositors from rising crypto risks

Skyline of the financial district

OSFI to raise domestic stability buffer for big banks

The amount of capital the banks must hold to cover unexpected losses will rise to 2.5%

usinessman holding binoculars with tie and shirt on cityscape

OSC seeks new commissioners

The commissioner job is set to change with a planned tribunal spinoff

senior couple sitting at table with financial advisor

Regulators look to industry to protect seniors

Financial industry can be the first line of defence against exploitation of vulnerable investors

Court.

Two friends accused of operating insider trading ring

U.S. authorities allege that the friends traded on inside information

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Retail investors need a voice in Bridging Finance case, lawyers argue

An Ontario court will rule shortly on motions regarding investor representation

tax inspector investigating financial documents through magnifying glass, forensic accounting or financial forensics, inspecting offshore company financial papers, documents and reports.

FINTRAC sees rising threat from far-right terrorists

Banks and investment dealers should be aware of these groups' financing behaviour, the agency said in a bulletin

  • June 15, 2021 June 15, 2021
  • 16:57
suspicious client

Righting wrongs in the Aussie advice market

ASIC unveils guidance for the industry's looming advice-fee reforms

tax inspector investigating financial documents through magnifying glass, forensic accounting or financial forensics, inspecting offshore company financial papers, documents and reports.

FSRA proposes overhaul of credit union rules

The regulator is proposing new governance, capital and liquidity requirements

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Regulators target fund fee disclosure

At a joint meeting, regulators focused on harmonizing total cost reporting for mutual funds and seg funds

rules and regulations

SEC faces backlash as it lays out regulatory agenda

Critics question plans to unwind Trump-era rules