Changes proposed to circuit breakers
The Basel Committee is clearly concerned about a trade-off between boosting financial stability and encouraging bank intermediation
Firms would be required to notify OSFI of pending changes to their senior management and boards
SMEC members will be expected to provide input the impact of possible new prospectus exemptions that are being considered by the OSC
The practice of damage insurance consultants includes activities that are reserved for registered firms and representatives
65% of State Farm Canada’s business is concentrated in the Ontario auto insurance market
Industry assets under management rose 17.6% last year
Meanwhile sanctions ordered against individuals dropped significantly
Banks will have no trouble meeting OSFI 2015 deadline
Community Economic Development Investment Funds, which are run by non-professional managers, are intended to encourage capital raising by small, community based issuers