A critical mass of activity shows intent to rein in the industry
The Canadian Investment Regulatory Organization has a lot more work to do, says Andrew Kriegler, inaugural president and CEO
Regulators are proposing more extensive disclosure from issuers
Rules take effect for the 2026 reporting year, with clients receiving disclosure in 2027
Regulators are drafting new guidance that may lead to revised life insurance licence requirements
PMAC, IIAC and others weigh in on rules proposed by Ontario’s Capital Markets Modernization Taskforce
Review comes as many hope OBSI will undergo its own reforms
Potential changes include greater capital requirements and more aggressive regulatory supervision
Tougher regulations are a key focus
Investors and supervisors need data on underlying assets, regulators say