FSB consults on compensation tools to address misconduct
Draft guidance aims to help firms use clawbacks and other tools to deter misconduct in the financial industry
- By: James Langton
- June 20, 2017 April 16, 2019
- 16:10
Draft guidance aims to help firms use clawbacks and other tools to deter misconduct in the financial industry
The announcement comes after the company agreed last week to settle both an OSC case and a class-action lawsuit filed by investors.
Rising interest rates threaten to make it harder for Canadians to pay down their debt
The former head of global policy and strategy at Barclays PLC will be responsible for the organization’s day-to-day management
New TD survey finds that life insurance takes a backseat to managing day-to-day expenses, paying down debt, saving for a house and saving for retirement
Despite the overall decline in M&A activity, the consolidation trend remains strong in insurance, which accounted for 43% of M&A deals in the sector
Jon Haountalas replaces Steve Geist as CIBC undergoes a transformation centred on digital innovation and client-focused delivery services
GetSmarterAboutMoney.ca now designed for visitors using mobile devices and tablets
HBC surges 15% on investor pressure
Various jurisdictions are undertaking reforms
The draft regulations published on Friday are in line with Ottawa’s consultation paper from August 2014 and consistent with expectations
The IAP’s seven new members are Neil Gross, Malcolm Heins, Paul Bates, Jacqueline Allen, Larry Bates, Patti Best and Harvey Naglie
Nominees must be full-time employees of an IIAC member firm and must not be a previous recipient to qualify
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record