Industry News

Advocis to ramp up regulatory education

Advisors often wait until it’s too late to express concern about new regulations in the financial services industry. Advocis is attempting to rectify that by adding a section on emerging regulatory issues to its best practices manual. The ERI will help advisors incorporate standards into their practice without having to wait until new regulations or […]

By Doug Watt |June 16, 2006

2 min read

Feds call for greater transparency, efficiency

The federal minister of finance is calling a more investor-friendly financial services industry, with increased legislative and regulatory efficiency and a more adaptable framework. “The proposed recommendations will go a long way towards eliminating red tape, improving disclosure to consumers and fostering a strong and dynamic financial sector,” said Jim Flaherty, Minister of Finance. “Proposals […]

By Steven Lamb |June 15, 2006

2 min read

Briefly:

(June 15, 2006) Companies in developed markets are more likely to suffer from fraud at home than they are in emerging markets, despite the perception that emerging markets are riskier, says new report by Ernst & Young. Of the close to 600 executives surveyed by the professional services firm, 75% say they have experienced significant […]

By Staff |June 15, 2006

4 min read

Bank of Canada issues financial sector update

The Bank of Canada released its bi-annual Financial System Review today, a broadly inclusive compilation of industry statistics, research and analysis designed to improve understanding of recent developments and trends in Canadian and international financial systems. Although some parts of the report do not provide any new research or analysis, the volume of statistics and […]

By Kate McCaffery |June 15, 2006

4 min read