OSFI sets limits on banks’ large exposures
Guidance sets expectations for how big banks manage the risk of large exposures to other firms
- By: James Langton
- April 11, 2019 November 13, 2019
- 11:45
Latest news in From the Regulators
MFDA flags KYC issues, concentration risks among reps
The SRO issued a report Wednesday analyzing data from its client research project
- By: James Langton
- April 10, 2019 November 13, 2019
- 15:43
Nova Scotia joins CCMR
Still no planned launch date for the project, which was supposed to begin in 2015
- By: James Langton
- April 10, 2019 November 13, 2019
- 14:52
IIROC allows exemptions for credit union reps
Agreements allow reps to receive compensation from credit unions for securities-related activities
- By: James Langton
- April 10, 2019 November 13, 2019
- 11:11
FINTRAC signs agreement with B.C. real estate regulator
This is the first memorandum with a real estate body
- By: James Langton
- April 9, 2019 November 13, 2019
- 17:17
Standard Chartered pays US$1.1 billion for sanctions violations
The U.K.'s Financial Conduct Authority found shortcomings in the bank's anti-money laundering controls
- By: James Langton
- April 9, 2019 November 13, 2019
- 12:11
U.S. regulators seek reforms to foreign banks’ capital rules
Proposed framework would reduce banks' capital requirements by about 0.5%
- By: James Langton
- April 8, 2019 November 13, 2019
- 14:53
FSCO warns about unlicensed mortgage broker
The alert follows allegations of possible mortgage fraud
- By: James Langton
- April 5, 2019 November 13, 2019
- 17:11
Florida man gets jail time for insider trading
Rodolfo Sablon was part of a group that passed along insider tips from a former investment bank employee
- By: James Langton
- April 5, 2019 November 13, 2019
- 16:41
Banned B.C. man faces fraud charge
The man was initially banned by the BCSC in 2007 for several securities law violations
- By: James Langton
- April 5, 2019 November 13, 2019
- 14:40
FSB issues directory of crypto regulators
The directory summarizes the responsibilities of regulators and other authorities when it comes to crypto-asset issues
- By: James Langton
- April 5, 2019 November 13, 2019
- 11:30
Wading into cryptoassets
So far, securities regulators have been reluctant to sign off on regulated crypto-based ventures
- By: James Langton
- April 5, 2019 November 13, 2019
- 10:26
B.C. proposes new financial regulator
The regulator would replace the Financial Institutions Commission
- By: James Langton
- April 4, 2019 November 13, 2019
- 15:50
MFDA proposes allowing dealers to directly manage model portfolios
Proposal would allow fund dealers to engage in a limited form of discretionary trading
- By: James Langton
- April 4, 2019 November 13, 2019
- 15:02
B.C. court certifies class action in alleged Ponzi scheme case
Alleged scheme raised $30 million from investors between 2011 and 2015
- By: James Langton
- April 4, 2019 November 13, 2019
- 14:32
Australia aims to restore trust with new powers, duties
Lawmakers have introduced new obligations for financial firms and given the ASIC new powers
- By: James Langton
- April 4, 2019 November 13, 2019
- 11:56
BCSC bans man for seven years
While the misconduct was "extremely serious," the panel said, it didn't warrant a lifetime ban
- By: James Langton
- April 3, 2019 November 13, 2019
- 15:33
U.S. regulators downvote investing on social sentiment
The SEC and FINRA warn that these investing tools may be "inaccurate, incomplete or misleading"
- By: James Langton
- April 3, 2019 November 13, 2019
- 13:08
B.C. seeks greater transparency in property ownership
Proposed land registry aims to crack down on tax evasion and money laundering
- By: James Langton
- April 3, 2019 November 13, 2019
- 10:08
IIROC survey finds improved cybersecurity
More than three-quarters of firms conduct cybersecurity training at least annually
- By: IE Staff
- April 2, 2019 November 13, 2019
- 15:01
U.S. regulators aim to curb bank contagion
Proposed rule aims to limit the interconnectedness of large banks
- By: James Langton
- April 2, 2019 November 13, 2019
- 13:51
EU regulators warn financial firms to prep for Brexit
Report warns a no-deal Brexit and weak economy could trigger asset price volatility
- By: James Langton
- April 2, 2019 November 13, 2019
- 11:36
Academic insights may help investor protection, but tough rules are essential: report
IOSCO cautions that assumptions about investor behaviour may not reflect actual behaviour
- By: James Langton
- April 2, 2019 November 13, 2019
- 11:04
IIROC fines, suspends former rep for suitability failures
Client losses were between 52% and 59% of account value
- By: James Langton
- April 1, 2019 November 13, 2019
- 16:17
Former rep fined $250,000 by MFDA for false loan applications
The rep also received a lifetime ban
- By: IE Staff
- March 29, 2019 November 13, 2019
- 11:27