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Female tax inspector looking at corporate financial documents with magnifying glass

Fines levied against reps last year soared to $7.9 million from $938,000 in 2021

Business People Meeting Discussion in a boardroom concept

Proposals include increasing the limit on claims and publishing arbitration decisions

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Review considers doing away with dedicated directors, alternate input mechanisms

megaphone

Binding authority, single banking complaint body demanded

Downtown Toronto Financial District Skyscrapers stock photo

Regulators say proposal will be published in the coming year

African businessman holding letter reading bad bank news about debt

It remains up to regulators to act on long-standing recommendation

magnifying glass

Investor advocates want even stricter rules, but industry groups raise concerns about timing and jurisdiction

Financial technology business investment concept illustration with data computer background

Budget promises examination of digitalization, single complaint-handling body

mature woman with tablet

American SRO proposes rule to accelerate resolutions for vulnerable investors

Canadian Parliament Building at Dusk

Consumer groups call on Freeland to designate OBSI as binding bank ombud