Report urges banks to co-operate on countering the threats that are not going away any time soon
Bank officials strongly deny allegations of questionable sales practices
The federal tax agency is seeking to provide less generous relief in certain circumstances
New legal tools strengthen investor protection
The receiver is accepting claims from investors until Aug. 4, BCSC says
The regulators’ proposals are intended primarily to address the concerns of foreign dealers and Canadian institutional investors
Applications are due by July 7
Committee hearings follow reports about employees at some big banks who were allegedly pressured to sell unnecessary products and services
Revisions aim to respond to growing concerns that financial institutions are exiting correspondent banking
No strong case for the creation of specific licensing categories for fintech startups, consultation paper says
As a result, any claim for disgorgement in an SEC enforcement action must be commenced within five years of the date the claim accrued
Manufacturers of financial products must specify a target market of end clients for whom the products are intended
Under the MoU, the two regulators will share information about investigations and disciplinary activity and may also undertake joint investigations
The sanctions show that the province's regulatory system is protecting the public interest, Ontario finance minister says
The SRO will also look at regulation of robo-advisors and continue to focus on increasing its enforcements efforts
In part, this was because the insurance regulator focused its compliance examinations in the latest year on agents with a high or medium risk of…
Local laws could limit a firm’s ability to understand who their customers are
The regulator is looking for applications from senior industry personnel with product development experience
The Quebec regulator’s new strategic plan points out that factors such as fintech and intensifying competition in financial services will guide its work
Andrew Kriegler also pointed out during a discussion that the words “best interest” are already an integral component of IIROC’s rules
Decision finds that IIROC did not err in its decision to fine and ban the former portfolio manager for five years
FSCO says broker Gagandeep Duggal and agent Zaheer Mohammad were found to be in non-compliance