Despite the downward trend, European regulators stressed that costs remain an important consideration
The Investment Funds Institute of Canada named its replacement for outgoing leader Paul Bourque
Criteria need to be strict enough to be credible, without being too tough for fund managers
Non-banks' share of global assets rose in 2021, led by investment funds
Shorter settlement cycle for mutual funds won't be mandated
Policymakers call for enhanced liquidity management measures
ESMA proposes portfolio thresholds for ESG, sustainable funds
Deteriorating economic, financial conditions could amplify financial sector stress
In the coming year, the regulator will assess how firms are implementing the CFRs
Significant product changes offer opportunities to engage clients, get to know them better and address suitability