Credit rating agency sanctioned for rule breaches
Commission publishes summary report for dealers, advisors and investment fund managers
Operators should be doing more to identify and manage conflicts of interests
Many hurdles lie ahead before widespread applications are implemented
The rating agency’s LSI emains above historical average
The Financial Conduct Authority seeks to encourage innovation and to help identify opportunities for the adoption of new technologies
US$1.3 million stolen from an 89-year-old customer’s variable annuity account
More work is required to address the outstanding recommendations
The National Association for Fixed Annuities is seeking an injunction against the rule
There are no significant obstacles impeding the application of the passport to Canada and other countries