OSFI invites comment on revisions to P&C capital framework
The revised guideline is out for comment until Aug. 4
- By: James Langton
- June 15, 2017 March 1, 2019
- 11:50
Latest news in From the Regulators
NASAA study shows how brokerages can help to guard seniors from harm
U.S. broker-dealers reported nearly 2,300 cases of suspected senior-related fraud or exploitation to authorities in 2015
- By: James Langton
- June 15, 2017 March 1, 2019
- 11:30
Ontario’s exempt market continued to see healthy growth in 2016
A new report from the OSC finds that exempt-market issuance rose by 9% to a total of $72 billion in 2016 following a 40% gain…
- By: James Langton
- June 15, 2017 March 1, 2019
- 10:05
Home Capital to pay $29.5 million to settle OSC and class-action matters
Some former company executives will pay administrative penalties and be barred from acting as a director or officer of a public company
- By: The Canadian Press
- June 14, 2017 March 1, 2019
- 19:10
FINRA launches fintech outreach initiative
The U.S. SRO seeks to establish an ongoing dialogue on innovation and its possible impact on the financial industry
- By: James Langton
- June 13, 2017 March 1, 2019
- 11:30
Court rules post-secondary student’s status depends on institution’s classification
Even if a student has spent 30 or more hours a week engaged in studying, that’s not enough to categorize the student as being full-time
- By: Patricia Chisholm
- June 13, 2017 March 1, 2019
- 10:30
IOSCO report helps regulators combat wholesale market misconduct
Tools aim to help IOSCO members address these risks in their own markets
- By: James Langton
- June 13, 2017 March 1, 2019
- 10:10
Central bank warns of cyberattack vulnerabilities in financial sector
Report urges banks to co-operate on countering the threats that are not going away any time soon
- By: Mike Blanchfield, Jim Bronskill, The Canadian Press
- June 13, 2017 March 1, 2019
- 06:30
Big banks defend their records to MPs
Bank officials strongly deny allegations of questionable sales practices
- By: Andy Blatchford
- June 12, 2017 March 1, 2019
- 18:00
CRA seeks comments on proposed changes to Voluntary Disclosures Program
The federal tax agency is seeking to provide less generous relief in certain circumstances
- June 12, 2017 March 1, 2019
- 10:30
Alberta bolsters IIROC’s investigative powers
New legal tools strengthen investor protection
- By: James Langton
- June 9, 2017 March 1, 2019
- 14:35
Bossteam E-Commerce investors encouraged to submit claims
The receiver is accepting claims from investors until Aug. 4, BCSC says
- By: IE Staff
- June 8, 2017 March 1, 2019
- 14:30
CSA proposes changes to exempt distribution reporting requirements
The regulators’ proposals are intended primarily to address the concerns of foreign dealers and Canadian institutional investors
- By: James Langton
- June 8, 2017 March 1, 2019
- 12:20
OSC seeks members for market structure advisory committee
Applications are due by July 7
- By: James Langton
- June 8, 2017 March 1, 2019
- 09:30
Ex-bankers share allegations of shady bank sales practices with federal MPs
Committee hearings follow reports about employees at some big banks who were allegedly pressured to sell unnecessary products and services
- By: Andy Blatchford
- June 7, 2017 March 1, 2019
- 20:00
Basel Committee updates AML guidance
Revisions aim to respond to growing concerns that financial institutions are exiting correspondent banking
- By: James Langton
- June 7, 2017 March 1, 2019
- 10:50
ESMA cautions against less stringent regulation for fintechs
No strong case for the creation of specific licensing categories for fintech startups, consultation paper says
- By: James Langton
- June 7, 2017 March 1, 2019
- 10:05
U.S. Supreme Court rules that SEC disgorgement constitutes a penalty
As a result, any claim for disgorgement in an SEC enforcement action must be commenced within five years of the date the claim accrued
- By: James Langton
- June 5, 2017 March 1, 2019
- 14:10
ESMA aims to increase financial product governance obligations
Manufacturers of financial products must specify a target market of end clients for whom the products are intended
- By: James Langton
- June 2, 2017 March 1, 2019
- 11:55
IIROC, LICS deal aims to prevent rogue reps from moving between sectors
Under the MoU, the two regulators will share information about investigations and disciplinary activity and may also undertake joint investigations
- By: James Langton
- June 2, 2017 March 1, 2019
- 11:00
No sanctions for 43 of 45 Home Capital brokers and agents, FSCO says
The sanctions show that the province's regulatory system is protecting the public interest, Ontario finance minister says
- By: Alexandra Posadzki, David Hodges
- June 1, 2017 March 1, 2019
- 15:40
IIROC to prioritize compensation-related conflicts in the year ahead
The SRO will also look at regulation of robo-advisors and continue to focus on increasing its enforcements efforts
- By: James Langton
- June 1, 2017 March 1, 2019
- 11:40