FCA reveals roadmap to crypto regulation
Regulator lays out plans for rule consultations with new regime due in 2026
- By: James Langton
- November 27, 2024 November 27, 2024
- 14:59
Regulator lays out plans for rule consultations with new regime due in 2026
Agency will work with businesses and federal partners to move more quickly in the fight against money laundering and terrorist financing
OSC provides investor advocate with $11 million in funding over six years
Faced with tariff threat, Canada should adjust policy to secure access to U.S. market, report says
Price pressures prove stubborn, a sign that inflation's steady decline over the past two years has stalled in recent months
GDP report still showed that the American economy is proving surprisingly durable
Applications fell by 2,000 to 213,000 for the week of Nov. 23, near seven-month lows
Wall Street is betting corporate dealmaking could bounce back next year with lower rates, looser scrutiny
Regulators cite concerns about high-pressure sales tactics in bank branches
Ontario's premier called the tariff threats serious, unfounded
Trump threatened to impose a 25% tariff on all products from Canada, Mexico
Effort aims to boost financial sector growth by loosening pay restrictions
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales