Home News From the Regulators Page 24

Latest news in From the Regulators

investor protection

OBSI named sole provider for bank complaints

Finance also announced measures to tackle bank fees and mortgage relief

cryptocurrencies

Basel Committee issues crypto disclosure proposal

Standardization seeks to enable market discipline, reduce information asymmetry

saving for a home

Inflation to trigger another rise in TFSA limit

Next year’s contribution amount can be calculated using CPI data released Tuesday

Bear juggling various crypto coin symbols

Regulation no silver bullet for crypto risks, European regulators say

ESMA calls on crypto industry to prepare for regulation

Gavel and Money - Canada stock photo

Tribunal finds SRO panel erred

The IIROC panel overlooked evidence that a rep borrowed money rather than misappropriating it

Mortgage signing

B.C. to bring in new rules on short-term rentals to create more housing

Legislation would force short-term rental platforms to share data for enforcement and tax purposes

  • October 16, 2023 October 16, 2023
  • 14:59
Dispute at desk

SEC targets best-interest rules in broker reviews

Regulator's exam division sets compliance priorities for 2024

climate change

OSFI outlines climate scenario analysis exercise

The regulator is planning the industry's first standardized climate exercise for next year

Fraudster captured

Global pump-and-dump player sentenced

Scheme generated over US$150 million in illicit profits

Crumbling bank

OSFI aims to beef up security, integrity standards

Federal regulator proposes new guidance to meet its expanded mandate

Dispute at desk

With complaints soaring, OBSI fees set to climb

Banks to bear the brunt of fee increase, as case volumes jump

Magnifying glass

SEC to shine a light on short selling

Regulator adopts new rules to boost transparency around short activity, securities lending

thumbs down

Regulators report rise in crypto complaints

JRC report details complaints to OBSI involving mutual fund suitability, low-ball settlements

CFTC charges former crypto CEO

Voyager Digital's former chief charged for allegedly deceiving investors

Ex-Barclays CEO banned over Epstein disclosures

FCA fined, banned Jes Staley for misleading the regulator over relationship with disgraced financier

climate change

Climate-related disclosures need work, report suggests

Task force details progress and areas of improvement

U.S. Canada flag

U.S. investors can stay in Canadian Cronos Group class action

Ontario court allows U.S. shareholders to pursue both cases

tightrope

Financial stability risks loom, FSB warns G20

Tight financial conditions, high economic uncertainty remain key vulnerabilities

Sneaky thieves

Report warns of crypto sector’s inherent investor protection threats

ESMA says novel abuses need to be addressed for DeFi sector to grow

Toronto city council debates vacant home tax hike amid budget and housing crunch

Mayor Olivia Chow says raising the tax from 1% to 3% will encourage the transformation of vacant homes into rental units

Federal Reserve

Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty

The Fed may be able to avoid a rate hike at its next two-day meeting

announcement

SEC accelerates investor reporting

Deadlines for large investors to report portfolio changes cut under rule changes

Silicon Valley Bank headquarters and branch stock photo

Bank failures prompt possible reforms

FSB to examine whether anti-bailout measures need to be expanded

AI technology

OSC grapples with promise, risks of AI

Advisory and customer service functions are among the most advanced AI uses, a report says

Silicon Valley Bank storefront

Regulators learn from latest banking sector turmoil

Report highlights risk management failures, supervisory shortcomings