Ontario’s new insurance regulator releases draft priorities and budget
Systemic risks as a whole still remain moderate
A weaker outlook for 2019 will likely lead more firms to leave the business
Top earning women had a median income of $362,300 compared with $393,200 for men
There’s support for the CSA’s proposals, but criticism of regulators
The financial services industry faces many challenges this year, including slowing growth, rising interest rates and changes to the regulatory framework
The Ontario government, elected last June, has a policy of deregulation in general, but also is willing to interfere with policy-making directly
But the total number of decisions rendered by IIROC hearing panels against both firms and advisors increased year-over-year
Regulators in Ontario, New Brunswick and Hong Kong already have issued their own warnings about the firm
The investment industry veteran takes over from Sheldon Levy