Category: Regulations

regulations

Jan 14
The FSMA warns against recovery room fraud

The FSMA is again warning the Belgian public against recovery room fraud. Recovery room fraud is a practice whereby fraudsters offer to help victims of investment fraud to obtain compensation for their losses or to recover their lost assets. This may, for example, take the form of offering to buy the victims’ worthless shares or […]

Jan 14
Canadian securities regulators adopt changes to auditor oversight rules

Toronto – The Canadian Securities Administrators (CSA) today published final amendments intended to assist the Canadian Public Accountability Board (CPAB) with inspecting audit work performed in foreign jurisdictions.  The amendments respond to challenges CPAB has faced in accessing audit work performed by firms that are not subject to the regulator’s oversight, but complete a significant […]

Jan 14
FCNB warns of organized loan scheme targeting New Brunswick homeowners

The Financial and Consumer Services Commission (FCNB) is urging New Brunswickers to use caution if approached by someone offering to help them secure a loan to pay off debt by falsifying an application for a home renovation loan. FCNB has become aware of individuals in the province acting as credit brokers, and arranging, for a […]

Jan 14
Career Opportunity: Manager, Corporate Communications

Your career at FCNB is enriched with daily opportunities to learn, innovate, and grow professionally in a supportive, stimulating, and flexible workplace. We offer a competitive total compensation package and exciting opportunities for professional development. We support our employees in maintaining their professional designations and provide technical updates on a continual basis for many of […]

Jan 14
Notice of Adoption: Rule UP-001 Unclaimed Property – General and Rule UP-002 Unclaimed Property – Fees

The Financial and Consumer Services Commission (FCNB) recently approved two Rules for a new program intended to help connect New Brunswickers with their forgotten monetary property. The rules were approved by FCNB and the Minister of Finance and Treasury Board following two public consultation periods in September 2020 and May 2021. “We wish to thank […]

Jan 14
Consumer Affairs Bulletin 2021-02: National Code of Conduct for mortgage broker professionals

On 26 February 2021, the Mortgage Brokers Council of Canada (MBRCC) endorsed a new Code of Conduct (“Code”) for mortgage broker professionals.  The MBRCC developed this plain-language Code to promote high standards of conduct to protect consumers of mortgage brokering services.  The full document can be found on the MBRCC website.  The MBRCC is comprised […]

Jan 14
Canadian securities regulators seek comment on climate-related disclosure requirements

Calgary and Toronto – The Canadian Securities Administrators (CSA) today published for comment proposed climate-related disclosure requirements. The proposed requirements demonstrate the CSA’s commitment in favour of the growing international movement toward mandatory climate-related disclosure standards. They also address the need for more consistent and comparable information to help inform investment decisions. The requirements contemplate […]

Jan 14
Canadian securities regulators strongly support the establishment of the International Sustainability Standards Board in Canada

Montreal, Toronto, Vancouver – The Canadian Securities Administrators (CSA) strongly supports the establishment of the International Sustainability Standards Board (ISSB) and the Canadian offer to host the ISSB headquarters in Canada. “Establishing international standards is an important step in enhancing industry reporting and disclosure that yields reliable, complete, and comparable information for investors,” said Louis […]

Jan 13
Watch out for companies that offer trading software (expert advisors)

The FSMA warns the public against various companies in Belgium that are offering so-called ‘Expert Advisors’ or ‘EAs’ used to trade in CFDs, forex and crypto-derivatives. An Expert Advisor is a type of software that tells you when to make certain trades or even carries them out for you automatically, based on preprogrammed parameters. The […]

Jan 13
Press release on the suspension of trading in Zenitel

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Zenitel, ISIN BE0974311434, on Euronext Brussels is suspended on the request of the company from 23/04/2021 at 14:09 CET until the publication of a press release.     […]