The move is expected to reduce delays, simplify the banking complaints system
OSC asked to review OM exemption, beneficial ownership registry being examined
Firms' joint foray into consumer finance wasn't ready, regulator alleges
Small- to medium-business owners fear the Canadian economy could become "collateral damage" after election
Bank failed in its dealings with customers facing financial distress
Reforms follow a review that found shortcomings in existing arrangements
Bank repeatedly shared wrong information with credit reporting agencies, CFPB alleged
Poorly designed KYC questionnaires at the heart of recent enforcement actions
Approach to guarding against deposit flight risk remains unsettled
Regulators has concerns about conflicts, consumer value and competition