Latest Market News
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 […]
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, […]
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 […]
ServiceNow Inc.’s NOW, -10.87% stock tumbled 12% on Tuesday following an interview in which its chief executive, Bill McDermott, warned of some serious macro headwinds. “You’re at 41-year high inflation. The dollar right now is the highest it’s been in over two decades. We have interest rates rising. People worried about security. You’ve got a […]
Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]
The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]