Ratings agency renews call for better disclosure
Geological consultant had traded OntZinc shares in advance of acquisition disclosure
Aim is to improve compensation transparency
The Ontario Securities Commission’s corporate finance branch has issued a report detailing its findings in reviews of reporting issuers over the past year. “A key theme underlying this report is that the majority of our resources were dedicated to improving integrity in financial reporting. We achieved this by pursuing perceived deficiencies in issuers’ application of […]
Equisure Financial Network Inc. today announced an agreement with the Autorité des marchés financiers that will conclude an enquiry, begun last March, into the business practices of the property and casualty insurance brokerages that Equisure represents in Quebec.Under its agreement with the AMF, Equisure has agreed to pay $800,000 to strengthen its consumer disclosure practices […]
CSA notice summarizes most common deficiencies
Highlights common deficiencies among small issuers
Segment analysis may provide an insight into a financial institution’s profit balance by line of business, but it does not necessarily provide a complete picture of its profit diversification by product, geography, and customer, says a new from Standard & Poor’s Ratings Services.“Standard & Poor’s believes that business diversification is an important risk mitigant, lessening […]
FAQ designed to assist fund companies
Written disclosure policies can help prevent problems