OSFI proposes tailored capital rules for smaller banks
The regulator is seeking feedback on possible revisions to the capital regime
- By: James Langton
- July 11, 2019 November 13, 2019
- 12:45
The regulator is seeking feedback on possible revisions to the capital regime
Rahul Sarugaser is the new managing director
It's the first fund dealer to offer its reps direct access to platform-traded funds
Jerome Powell cited low inflation as a justification for potentially lowering interest rates
Contributing factors include slowing economic growth, trade disputes, previous rate hikes and rising labour costs
Applicant argued that an IIROC panel erred in its findings
The dollar traded for an average of US76.38¢ on Wednesday
Crime involves using real and fake information to craft an identity
Proposal seeks to reduce minimum requirement to 15% of current market value
Central bank also downgraded its global growth forecast to 3%
AIMA predicts more fund transparency in the years ahead
Study notes immigrants are more likely to enjoy upward mobility
Sales in Calgary also declined in the first half
Investors sift through "ugly" jobs report in Canada, U.S. economic data
Iran War has choked off most tanker transport through the Strait of Hormuz
GDP and jobs growth, inflation, are weighing on consumer sentiment
SRO says high risk, high volume trades, insufficient notes should have raised red flags
New guidance broadens range of supports that discount brokers can provide
Court grants Wealthsimple's application for closing judgment
Plus, RBC buys mortgage fintech, Fiera funds solar energy firm and EQB-PC Financial merger gets key thumbs up
But the advantages digital banks have enjoyed on fees is shrinking, as Ottawa pulls policy levers
The reversal comes just over two weeks after Houston's government tabled its budget
Gallagher will oversee Richardson rebrand under iA Financial
Plus, appointments at Harbourfront, Richardson, Manulife Investments and more
Interim Parliamentary Budget Officer Jason Jacques not extended
Plus new equity ETF launches from CIBC and LongPoint, Dynamic debuts private assets fund, and more
Favourable demographics and a rising middle class are ingredients for long-term secular growth
Rising fundraising targets, increased product launches are driving the activity: report