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CSA extends comment period for diversity proposals

Regulators proposed two options for improving the information shareholders receive about board and executive diversity

  • By: IE Staff
  • June 28, 2023 June 28, 2023
  • 14:33
digital euro

Policymakers set stage for digital euro

European Commission proposes legal framework, ECB to have final call on digital currency

Securities fraudsters simply rebranded, SEC alleges

As regulators shut down one scheme, the perpetrators persisted

factory

ISSB finalizes climate standards. Now comes the hard part

Securities regulators to review final standards as implementation challenge looms

Ex-Bridging CEO refuses to participate in OSC hearing

David Sharpe rebuffs Tribunal proceeding, to pursue concerns in court

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OBSI adds two consumer interest directors to board

Governance changes follow consultation and independent review

  • By: IE Staff
  • June 26, 2023 June 26, 2023
  • 16:01

Shopify to fight CRA request for six years of merchant tax records: CEO

Government said records were being sought to verify that merchants were obeying tax acts

Fundraisers face $9 million in sanctions

Ontario's Capital Markets Tribunal found investor losses weren't intentional, but reckless

Former life agent fined for client servicing scheme

FSRA brought similar allegations against the agent earlier this year

Ontario court sides with OSC on Gong evidence

Appeal of tribunal ruling premature, court finds

Federal government passes 2023 budget implementation bill

Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now

CIRO details suspended firm’s capital troubles

Gravitas Securities suspended after repeated shortfalls, failure to file financials

IOSCO targets “hidden losses” in issuers’ financials

Regulators worried about investors getting timely disclosure of impaired goodwill

Ex-Goldman banker guilty of insider trading

SEC data analysis uncovered scheme involving Wall Street banker, trader

gavel on a laptop

OSC’s case against Bridging execs gets the go-ahead

Tribunal rules Sharpes failed to make the case for a stay, hearing starts June 26

Stacking interest rate blocks

BoC debated waiting until July to hike rates, but says data prompted it to act sooner

Latest hike came after inflation rose slightly to 4.4% in April

Fraud victims to get $2 million back: BCSC

Receiver prepares to return portion of lost assets to victims of real estate scheme

CFTC aims to root out fraud in carbon markets

Regulator asserts jurisdiction and calls for whistleblower tips

OSFI raises capital requirements for big banks to 3.5% amid higher debt levels

New domestic stability buffer takes effect Nov. 1

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Proposed syndicated mortgage class action rejected

Appeal court upholds lower court's ruling, denying class action against trustee

U.K. undertakes first systemic stress test

System-wide review launched in response to recent liquidity crunches in stressed markets

New Brunswick passes title protection legislation

Like Ontario and Saskatchewan, the province will restrict use of "financial planner" and "financial advisor"

  • By: IE Staff
  • June 19, 2023 June 19, 2023
  • 11:38

Housing affordability will deteriorate unless we act soon: CMHC chief economist

Lack of purpose-built rentals remains a major challenge

ESMA examines impact of sustainable suitability rules

Review to look at results of efforts to add sustainability factors to suitability, product governance requirements

IOSCO, FSB consider fund liquidity risk reforms

Regulators seek to address liquidity issues that arose amid the pandemic