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Rule change

Basel III capital reforms get push from global regulators

Call to fully implement global rules follows recent delays, revisions

Compensation pay
From the Regulators

Banks’ compensation models need work: FSB

March 2023 bank failures echoed lessons on incentives from financial crisis

Exterior of CRA headquarters building
Industry News

Corps, trusts affected by capital gains tax changes get temporary interest and penalty relief

Updated tax forms to be available Jan. 31, CRA says

blurred lights on stage, drama theatre show background
People

Industry moves this week

Roy Gori of Manulife and Blair Morrison of BCFSA to retire in 2025, plus other news

New leader
People

Stephen Harper appointed to oversee Alberta’s $160B AIMCo fund

Move comes almost two weeks after the province's finance minister fired the Crown agency's entire board

Japan credit card
Research and Markets

Japan records a trade deficit in October for a 4th straight month

Weak yen and rising energy prices keeps import costs high

U.K. inflation
Research and Markets

U.K. inflation rises to six-month high in October

Expectations for further rate cuts this year disappear in face of higher energy bills

Dividing groups
From the Regulators

CIRO poised to take over dealer registration

OSC to delegate registration to CIRO, rest of CSA considering it too

volatility
Research and Markets

Financial stability risks still high, ECB warns

System remains fragile as growth slows, geopolitical uncertainty rises

Robber captured
From the Regulators

U.S. bank examiner admits insider trading

Fed regulator made US$771,678 trading on inside information about banks

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From the Regulators

IOSCO embarks on retail investor protection roadmap

Regulators' initiative targets emerging digital risks, broker conflicts

Magnifying glass on documents
From the Regulators

CSA to expand electronic access disclosure model

Regulators aim to address concerns about retail investor protection

climate change
From the Regulators

EU climate stress test highlights funds’ exposure

Transition risks alone not severe, but macro shocks could amplify threat to financial system

Canaccord acquires Wood Gundy advisory team with $1B in client assets 

The acquisition also marks the launch of Canaccord’s Ottawa office

CPP Investments earned 3.6% return in Q2

Net assets rose to $675.1 billion in the quarter

Energy experts think Donald Trump will make tariff exemptions for Canadian oil

The Canadian Chamber of Commerce said a tariff could rip $30 billion out of the national economy

Industry moves this week

New CFO for RF Capital, plus other executive-level moves

Industry moves this week

AIMCo names interim CEO, plus a slew of advisor team moves

  • By: Katie Keir
  • November 8, 2024 November 15, 2024
  • 16:27

Move to T+1 both easier, and harder, than T+2

CCMA declares project a success, but not a blueprint for T+0

Product roundup: J.P. Morgan Asset Management eyes private markets

Plus, product launches from Manulife, Picton Mahoney and LongPoint

Fidelity wins top group honours at Lipper Awards

SEI takes award for best overall mutual fund group

  • By: IE Staff
  • November 7, 2024 November 7, 2024
  • 11:45

Global X launches nine ETFs, some with exposure to Canadian sectors

Plus, new products from Purpose Investments, National Bank Investments

Can AI deliver better inflation forecasts?

Central bankers launch project to automate extensive price data

AI hedge fund manager duped investors, U.S. authorities allege

Fund's manager allegedly lied about its strategy, assets, performance

Court rules BCSC panel’s process was unfair

Target of insider trading case was prevented from airing abuse of process claims, court says

As rates fall, household debt growth ramps up

Mortgages, credit card balances grow faster in September: StatCan

Canada’s inflation rate ticks back up to 2%: StatCan

The rate is now back to the Bank of Canada's target

Responsible investments grew in market share, value in 2023: report

Rising confidence in ESG reporting, climate change concerns fuelled the growth