Pandemic forced money launderers to diversify
Illicit activity moved out of casinos to securities firms and real estate, according to FINTRAC
- By: James Langton
- July 26, 2023 July 26, 2023
- 09:41
Latest news in From the Regulators
Prescribed rate to stay at 5% in Q4
The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter
- By: Rudy Mezzetta
- July 25, 2023 July 25, 2023
- 12:17
IOSCO endorses ISSB standards, setting stage for consistent global climate reporting
The organization is calling on regulators around the world to consider adopting the standards
- By: James Langton
- July 25, 2023 July 25, 2023
- 10:32
CIRO fines firm for retail compliance violations
Firm admitted to serving retail investors before SRO approvals, systems in place
- By: James Langton
- July 24, 2023 July 24, 2023
- 15:47
UBS sanctioned for Credit Suisse’s Archegos failures
U.S., U.K., Swiss regulators take action over risk management, governance weaknesses
- By: James Langton
- July 24, 2023 July 24, 2023
- 13:32
Amazon, Google, Meta, Microsoft agree to White House AI safeguards
Some of the commitments call for third-party oversight of commercial AI systems
- By: The Associated Press
- July 21, 2023 July 21, 2023
- 14:59
Tribunal allows Gong to seek stay of OSC case
Former Toronto mayoral candidate may have a case for breach of privilege by OSC staff
- By: James Langton
- July 21, 2023 July 21, 2023
- 14:30
CRA releases forms to allow for transfers out of FHSAs
The industry is still waiting for certain forms needed to administer the new plans
- By: Rudy Mezzetta
- July 21, 2023 July 21, 2023
- 13:22
CIRO seeks margin rules for PPNs
Proposal revises conservative approach initially sought by IIROC
- By: James Langton
- July 20, 2023 November 10, 2023
- 17:19
BCSC gets new enforcement powers
Reforms give the regulator enhanced powers to sanction uncooperative witnesses
- By: James Langton
- July 20, 2023 July 20, 2023
- 16:32
FINRA re-ups ex-OSC chair, adopts new rules
SRO renews Maureen Jensen's board term for three years
- By: James Langton
- July 20, 2023 July 20, 2023
- 10:18
Crypto fraudster sentenced to jail
Scheme promised high returns from "robo" crypto trading
- By: James Langton
- July 19, 2023 July 19, 2023
- 16:09
ASC bans, fines fraudster
Perpetrators used investors' money to buy a house instead of funding Mexican taxi venture
- By: James Langton
- July 19, 2023 July 19, 2023
- 15:39
Flurry of lawsuits follows Bridging collapse
Failed firm's receiver has filed a series of legal actions against various players in the saga
- By: James Langton
- July 18, 2023 July 19, 2023
- 17:35
Building cap-and-trade markets that work
IOSCO report details recommendations for carbon market regulation
- By: James Langton
- July 18, 2023 July 18, 2023
- 14:01
Tribunal finds it has no say in OSC investigations
Panel rejects Binance's bid to get regulator's inquiry halted
- By: James Langton
- July 18, 2023 July 18, 2023
- 10:07
Closet indexing class action stumbles, again
B.C court gives plaintiff another chance to clarify proposed claim
- By: James Langton
- July 17, 2023 July 18, 2023
- 15:37
FSB sets final global crypto rules
Global group's rules target recent turmoil and misconduct in crypto markets
- By: James Langton
- July 17, 2023 July 17, 2023
- 15:17
FCA takes on the finfluencers
Regulator revises industry guidance on social media usage amid rising risks
- By: James Langton
- July 17, 2023 July 17, 2023
- 15:01
MX settles over firm’s supervisory weaknesses
JitneyTrade fined $90,000 for weak controls over direct-access clients
- By: James Langton
- July 17, 2023 July 17, 2023
- 14:42
SEC adopts reforms to money market funds
New rules increase minimum liquidity requirements and prohibit "gates"
- By: Mark Burgess
- July 12, 2023 July 12, 2023
- 16:00
BofA hit with $250 million in fines and customer refunds for “double-dipping” fees, fake accounts
BofA has been cutting down on its reliance on overdraft fee revenue
- By: The Associated Press
- July 11, 2023 July 11, 2023
- 14:56
Firm tossed, broker charged for “Gold Star” churning
FINRA expels firm; SEC, DoJ charge broker for exploiting vulnerable investors
- By: James Langton
- July 7, 2023 July 7, 2023
- 15:10
Ruling protects accredited investors’ privacy
OSC decision to deny access to investors' identities upheld
- By: James Langton
- July 7, 2023 July 7, 2023
- 14:36
Regulators ponder new benchmark
OSC, AMF consult on new Term CORRA to help ease demise of CDOR
- By: James Langton
- July 7, 2023 July 7, 2023
- 14:14