Firms, regulators grapple with sanctions fallout amid divestment pledges
Selling Russian assets can be difficult amid sweeping restrictions
- By: James Langton
- March 14, 2022 March 14, 2022
- 14:29
Selling Russian assets can be difficult amid sweeping restrictions
Private equity holdings rose 29% last year
Many economists worry that with the price of gas spiking, the additional burden of higher interest rates could choke off growth
Sanctions on Russia don't distinguish between crypto, traditional assets
Most existing commissioners will serve on either the board or tribunal
Tax on pricey planes, boats and automobiles would be effective Sept. 1
Money managers need to pay more attention to the political climate when deciding which assets to hold
Tipster who sent report to regulators gets reward, but co-author is denied
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports
February gains were notable in sectors hardest hit by the pandemic such as food services and accommodation
In other MGA news, Hub Financial acquires assets of The President's Group
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
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
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