Payments firm faces sanction over compliance, governance failings
Online bank had inadequate KYC, risk assessment during rapid growth
Firms misled investors about risk of funds' trading strategy, regulators alleged
Canadian companies among those positioned to benefit from adaptation push
Industry collaboration is necessary for the updated rules to succeed
Report details liquidity, leverage, valuation, and contagion risks lurking in commercial real estate sector
Paper proposes changes tailored to the unique features of ETFs
Review aims to restore trust in market infrastructure
New frontier for alt funds has potentially systemic implications
Sanctions follow findings of 2023 review, which flagged four violations