FCA says it will be much more proactive than the FSA
Regulators that haven’t signed on include supervisors in Argentina, Indonesia and Russia
National regulators acting in their own interests threaten to undo decades of cross-border co-operation
Recommendations aimed at improving the overall disclosure provided by issuers
IIAC chief Ian Russell says global regulators are addressing issues that are important to Canada’s investment industry
Regulation aims to restore confidence and trust by setting standards
Meaningful protection requires legislative change
Several initiatives planned to further enhance investor protection and education