Latest Market News

Jul 12
The Pound decided to retreat. Overview for 12.07.2022

GBPUSD is falling attacked by the USD and a great deal of domestic problems.  The Pound Sterling is retreating against the USD. The current quote for the instrument is 1.1840. It’s difficult for the British currency to fight the USD’s attack. On the other hand, domestic conditions in the United Kingdom provide the Pound with […]

Jul 12
EURUSD: welcome to the parity. Overview for 12.07.2022

EURUSD dropped to its 20-year lows.  The major currency pair hit new lows – the asset is looking extremely weak. The current quote for the instrument is 1.0022. A new bottom is at 1.0004, and it’s probably not the limit for “bearish” pressure as they may yet continue pushing the pair downwards.  The last time […]

Jul 12
FCNB Notice and Request for Comments – Proposal to repeal and replace Local Rule 11-501 Fees

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

Jul 12
FCNB files to have New Brunswick real estate agency licence revoked

The Financial and Consumer Services Commission of New Brunswick (FCNB) has initiated an enforcement action, filing a statement of allegations with the Financial and Consumer Services Tribunal (the Tribunal) seeking to revoke the licence of a New Brunswick real estate agency. The statement of allegations filed with the Tribunal alleges that Century 21 A&T Countryside […]

Jul 12
Insurance Bulletin 2022-02 – Elimination of Best Terms Pricing Practice

The Superintendent of Insurance in New Brunswick is a member of the Canadian Council of Insurance Regulators (CCIR). CCIR is an inter-jurisdictional association of insurance regulators.  CCIR’s mandate is to facilitate and promote an efficient and effective insurance regulatory system in Canada and to develop solutions to common regulatory issues in Canada. In December 2020, […]

Jul 12
Swiss Post’s banking arm developing in-house crypto custody platform

Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele. 757 Total views 47 Total shares Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country. Some 2.6 million users that currently bank with […]