ESMA adds detail to crypto rules
Report from EU regulator finalizes technical standards to enhance transparency for investors, improve clarity for industry
- By: James Langton
- July 4, 2024 July 4, 2024
- 15:38
Report from EU regulator finalizes technical standards to enhance transparency for investors, improve clarity for industry
Consultation highlights industry concerns
Toronto-based fund loses bid to transfer case to Ontario
Global revenues up driven by debt issuance, M&A advisory fees, LSEG reports
Half-year flows of $33 billion were also record-breaking
Appointments ranged from board changes to a promotion within the Order of Canada
Regulatory review comes as ETFs hold a growing share of the investment fund market
Penalties send important message to Street about risks of selective disclosure, tribunal says
The revised anti-avoidance rules represent a shift in the CRA’s approach
Continuing claims rise for ninth straight week
Minutes of most recent meeting show that policymakers are in no rush to reduce borrowing costs
Standards to be published later this month and take effect in 2026
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