The recommendations are also intended to make the proposal more consistent with the requirements set by other regulators
Peer review recommendations aim to improve corporate governance of financial institutions
IIROC, Advocis and others support enforcement measures in Ontario budget
Switch to a shorter, two-year cycle and reduced credit requirements among proposals
Enforcement investigations and prosecutions on the rise
Other key metrics also shifted: higher-value accounts now make up a growing proportion of the average book fee- and asset-based sources of revenue continue to rise and top performers are driving a shift toward the use of ETFs
Government plans to study universal “best interest” duty
The most vulnerable markets include Germany, Norway and Taiwan
Exchange company proposes several changes in response to customer demand
The transaction includes US$18 billion in Source-managed AUM, plus US$7 billion in externally managed AUM