Compliance

Industry

With Ontario out, what’s next for CSA’s proposals?

Industry and investor advocates respond to the government's intervention

By Katie Keir |September 14, 2018

3 min read

Industry

FAIR Canada favours banning embedded commissions to meet best interest standards

The Canadian Foundation for the Advancement of Investor Rights (FAIR Canada) is asking the CSA how firms will follow conflict of interest requirements and still meet best interest standards given compensation methods such as embedded commissions. In an open letter to the CSA, FAIR Canada says the best way to implement a best interest standard […]

By Staff |August 31, 2018

2 min read

Tax News

Canada missing up to $3 billion in individual offshore income: CRA

Since 2016, CRA has been analyzing different components of Canada’s tax gap

By Staff |June 28, 2018

2 min read

Advisor's Edge

Why and how to address clients’ ESG values

For starters, responsible investing is part of CSA's proposed KYC reforms

By Katie Keir |March 16, 2018

4 min read

OSC maintains regulatory fees for next two years

Participation and activity fees will stay the same for the next two years, the OSC said Thursday. Participation fees pay for regulatory services while the flat-rate activity fees cover the costs of reviewing regulatory documents. The rates for both will stay the same for the next two-year period beginning April 1. Market participants fund the […]

By Staff |March 15, 2018

2 min read

Where Canada is a regulatory leader

Financial institutions must increasingly focus on compliance and cybersecurity, with a global focus. Such issues are explored in a Deloitte report on risk management innovation, which examines critical regulatory topics facing Canadian financial institutions, and how trends such as innovation, automation and analytics are becoming increasingly important to stay compliant and competitive. Read: An algorithm […]

By Staff |January 31, 2018

2 min read

Dealers still doing inadequate KYC, finds IIROC

IIROC’s priorities for the year ahead include compliance around CRM2, pre-trade risk controls, cybersecurity and online advice. The self-regulatory organization (SRO) released its annual Compliance Priorities Report Thursday outlining its focus for the year ahead. The report identified compliance concerns around CRM2 related to KYC information. IIROC reported that it continued to find dealers who […]

By Staff |January 18, 2018

2 min read

Compliance

With Ontario out, what’s next for CSA’s proposals?

FAIR Canada favours banning embedded commissions to meet best interest standards

Canada missing up to $3 billion in individual offshore income: CRA

Why and how to address clients’ ESG values

OSC maintains regulatory fees for next two years

UPDATED: IIROC proposes changes for handling minor violations, early settlement

IIROC fines rep $40K for OBA

Where Canada is a regulatory leader

What happens when advice breaks up with investments

Dealers still doing inadequate KYC, finds IIROC