OSFI relaxes capital, liquidity requirements
Regulator unveils measures to give banks, insurers and pensions operational flexibility
- By: James Langton
- March 27, 2020 March 27, 2020
- 16:57
Regulator unveils measures to give banks, insurers and pensions operational flexibility
Researchers estimate the value of lives saved represents at least one-third of U.S. GDP
Each month of containment cuts annual GDP by 2%, the organization says
The measure jumps to 75% from 10%
Regulators agree to push back implementation of certain provisions for a year
The executive's total compensation was $9.6M
The consultation proposes regulatory guidance to address leverage risk in alternative funds
The unscheduled cut is the second this month
The deficit for the fiscal year ending March 31 will also be higher than forecast
The data will help track the pandemic's effects on employment and earnings
Former brokerage exec’s losses were on account of capital, not income
The SRO warns of increased cyberattacks as firms operate remotely
Oil prices have been dictating much of the recent swings in the market: TD advisor
Labour market stabilizes, but recovery prospects remain shaky: NBF
Franklin Templeton’s Dina Ting highlights opportunities in China, the U.K., Mexico and more
Government highlights plans for innovation, consumer protection
Breaches of anti-money laundering rules revealed in compliance review
Concerns about investor harm arise as trailers persist, despite 2012 ban
Expect new product launches, outreach to advisors in months ahead: Mavroudis
Plus, updates on contract dispute with SeeWhy and last year's human rights complaint
Changes impact business, personal and legacy products
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, Wellington-Altus adds talent, OSFI's Gully headed for Basel Committee and more
It's the second firm in Canada to receive approval to offer futures and forecast contracts
Both also recorded positive net sales in February, SIMA reports
Plus, other launches, fund changes announced