Toronto Dominion fined $12 million by UK regulator
Breaches relate to pricing problems uncovered in a proprietary trader’s books
- By: James Langton
- December 17, 2009 December 17, 2009
- 08:48
Latest news in From the Regulators
Toronto Dominion fined $12 million by UK regulator
SEC approves new proxy disclosure rules
Rules designed to improve corporate disclosure regarding risk, compensation and corporate governance matters
- By: James Langton
- December 16, 2009 December 16, 2009
- 17:13
IIROC invites public comment on arbitration program
Regulator proposes to raise the program award limit above the current limit of $100,000
- By: IE Staff
- December 16, 2009 December 16, 2009
- 14:40
FSA proposes raising professional standards for UK investment advisors
Measures aimed at rebuilding confidence among retail investors
- By: James Langton
- December 16, 2009 December 16, 2009
- 12:39
Ottawa proposes legislation to clarify GST responsibilities for financial services companies
Investment management services are not “financial services”
- By: IE Staff
- December 15, 2009 December 15, 2009
- 14:04
CRA begins crackdown on offshore tax havens
Audits at RBC DS highlight the importance for advisors to exercise caution when assisting clients with complex tax planning
- By: Megan Harman
- December 15, 2009 December 15, 2009
- 06:47
Vancouver brokers fined over Aberdene trades
Reynolds, Chang fined $70,000 in total
- By: IE Staff
- December 14, 2009 December 14, 2009
- 15:30
RBC DS probed in hidden wealth audit
CRA conducting audits involving advisors at the firm
- By: Sunny Freeman
- December 14, 2009 December 14, 2009
- 14:27
U.S. House approves historic new financial regulations
Bill to protect investors, address the causes of the financial crisis
- By: James Langton
- December 13, 2009 December 13, 2009
- 17:39
OSC forecasts deficit for next three years
Commission outlines annual priorities ahead of schedule, calls for feedback
- By: James Langton
- December 13, 2009 December 13, 2009
- 16:53
FSA introduces reverse stress testing requirement
Firms have 12 months to incorporate new test
- By: James Langton
- December 11, 2009 December 11, 2009
- 14:39
AMF moves to stop alleged RRSP scam
Quebec regulator freezes assets of 16 individuals and 7 firms
- By: James Langton
- December 11, 2009 December 11, 2009
- 08:56
No new tax on Canadian bankers’ bonuses: Flaherty
Finance Minister says banks must comply with international guidelines
- By: Julian Beltrame
- December 10, 2009 December 10, 2009
- 17:38
British Treasury chief announces one-time tax on bankers’ bonuses
Banks to pay tax on 2009 bonuses of more than 25,000 pounds
- By: Jane Wardell
- December 9, 2009 December 9, 2009
- 10:13
Deutsche Bank Securities to face IIROC hearing over ABCP disclosure
Regulator alleges firm failed to act fairly
- By: James Langton
- December 8, 2009 December 8, 2009
- 17:38
RCMP cracks down on Quebec fraud ring
Organization allegedly swindled seniors out of savings
- By: The Canadian Press
- December 8, 2009 December 8, 2009
- 12:01
FSA declines to extend compensation code
Remuneration code comes into force for large banks, building societies and broker dealers on Jan. 1
- By: James Langton
- December 8, 2009 December 8, 2009
- 10:29
Coventree, execs face OSC hearing into ABCP debacle
Regulator alleges shortcomings in firm’s disclosure
- By: James Langton
- December 7, 2009 December 7, 2009
- 19:38
IIROC imposes $15,000 fine on Halifax rep
Trenholm failed to properly perform his role as a gatekeeper
- By: IE Staff
- December 7, 2009 December 7, 2009
- 14:48
Quebec tightens financial sector regulation
Legislative amendments include tougher penalties for financial fraud
- By: James Langton
- December 6, 2009 December 6, 2009
- 13:30
OSC, finance minister enter new memorandum of understanding
Both parties committed to a strong and independent commission
- By: James Langton
- December 6, 2009 December 6, 2009
- 12:54
Lawyer says intense publicity hurting accused swindler’s chance at fair trial
Earl Jones to face new charges
- By: Sidhartha Banerjee
- December 6, 2009 December 6, 2009
- 12:23
OECD sets out framework for overhaul of financial regulation
Group calls for increased transparency, more effective surveillance
- By: James Langton
- December 3, 2009 December 3, 2009
- 10:31
OSFI delays start of financial institution stress testing
Guidelines revised in response to industry feedback
- By: James Langton
- December 2, 2009 December 2, 2009
- 17:10