U.S. regulator flags asset management risks
CFTC chairman calls for improved data collection to help assess the possible systemic risk posed by hedge fund leverage
- By: James Langton
- April 19, 2016 December 19, 2017
- 10:00
Latest news in From the Regulators
Former CEO of Sino Forest was “controlling mind” behind alleged frauds: lawyer
At its peak, Sino-Forest was the most valuable forestry company listed on the TSX, with a market capitalization of $6 billion
- By: Alexandra Posadzki
- April 18, 2016 December 19, 2017
- 15:10
FCA cracking down on inducements
Hospitality events are likely to create conflicts of interest and result in firms not acting in their customers’ best interests
- By: James Langton
- April 18, 2016 December 19, 2017
- 09:50
No advantage for U.K. HFTs in real-time, FCA paper finds
Over longer time periods, researchers did find patterns that are consistent with HFTs anticipating the order flow of non-HFTs
- By: James Langton
- April 18, 2016 December 19, 2017
- 06:00
SEC seeks comments on financial disclosure requirements
Input sought on whether the disclosure requirements continue to elicit the information that investors need for investment and voting decisions
- By: James Langton
- April 15, 2016 December 19, 2017
- 15:40
CSA’s new CRM2 guidance focuses on new rules coming into effect
The guidance spells out what firms should do relating to the cost disclosure and performance reporting provisions, which will be in force on July 15
- By: James Langton
- April 14, 2016 December 19, 2017
- 11:10
FCA seeks to ban former UBS trader for LIBOR role
Arif Hussein is disputing the U.K. regulator’s decision
- By: James Langton
- April 14, 2016 December 19, 2017
- 08:45
ESMA announces stress tests for CCPs
The tests will focus on the risk that European CCPs would face if multiple clearing houses defaulted and they suffered simultaneous market shocks
- By: James Langton
- April 14, 2016 December 19, 2017
- 08:30
IIROC fines advisor $115,000 for unsuitable recommendations
The self-regulatory organization notes that John Phillip Watts failed to use sufficient due diligence to ensure investment recommendations to four clients were suitable
- By: Fiona Collie
- April 13, 2016 January 22, 2018
- 16:30
New international capital standard may have little impact on Canadian P&C insurers
Technology, environmental, and social issues, will pose ongoing challenges for the industry
- By: James Langton
- April 13, 2016 January 29, 2018
- 14:15
OSC announces Small and Medium Enterprises Committee members
Mutual fund fee research Douglas Cumming is among the new committee members
- By: James Langton
- April 13, 2016 December 19, 2017
- 11:40
U.K. regulator calls for IPO reforms
Discussion paper aims to open a debate on improving the way that information is provided to investors
- By: James Langton
- April 13, 2016 December 19, 2017
- 11:15
U.S. regulators have refined bank review processes but could improve transparency: report
Regulators have not disclosed their frameworks for determining whether a plan is credible
- By: James Langton
- April 12, 2016 December 19, 2017
- 14:55
Providing refugees access to financial products a challenge for European banks
Regulators suggest steps banks can take to comply with AML requirements
- By: James Langton
- April 12, 2016 December 19, 2017
- 14:30
SEC seeks 6% funding increase
The requested funding would allow the SEC to hire an additional 250 staff and allow it to invest in technology
- By: James Langton
- April 12, 2016 December 19, 2017
- 13:50
U.K. regulator bans former LIBOR trader
This latest ban is the FCA’s fourth public action against a trader for manipulating LIBOR submissions
- By: James Langton
- April 12, 2016 December 19, 2017
- 08:40
Goldman Sachs agrees to US$5 billion settlement over risky mortgages
The settlement preserves the U.S. government’s ability to bring criminal charges against the firm
- By: James Langton
- April 11, 2016 December 19, 2017
- 11:15
Global regulators report progress on Basel III
Policymakers are now turning to the implementation leverage and funding requirements
- By: James Langton
- April 11, 2016 December 19, 2017
- 10:55
Alberta securities law changes receive first reading
The proposed changes would expand the enforcement powers of the Alberta Securities Commission
- By: James Langton
- April 11, 2016 January 22, 2018
- 09:30
IIROC plans micro-cap roundtables
Prospective presenters are invited to submit written proposals outlining specific issues for discussion
- By: James Langton
- April 8, 2016 December 19, 2017
- 14:00
Europe’s financial system faces key risks, report finds
Profitability, increasing interconnectedness of banks and non-bank firms and the growth of emerging markets are the top risks to Europe’s financial firms and markets
- By: James Langton
- April 7, 2016 December 19, 2017
- 15:30
European regulators release final retail disclosure rules for banking, securities and insurance
New regime called “major step forward for consumers”
- By: James Langton
- April 7, 2016 December 19, 2017
- 15:05
U.K. report on asset managers finds deficiencies
FCA calls on management firms to review their practices
- By: James Langton
- April 7, 2016 December 19, 2017
- 14:30
CSA to introduce new harmonized report for exempt distributors
The new reporting process aims to reduce the compliance burden on issuers and bolster oversight by providing regulators with more information
- By: James Langton
- April 7, 2016 January 22, 2018
- 12:20
Regulators monitoring OBSI compensation refusal cases
The Joint Regulators Committee has created a process for OBSI to report possible systemic issues to the regulators
- By: James Langton
- April 7, 2016 December 19, 2017
- 12:00