Category: Regulations

regulations

Jan 12
Press release on the reopening 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 will re-open on 26/04/2021 at 11:30 CET. Source: FSMA

Jan 12
New program launched to reunite New Brunswickers with misplaced money

Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. The proclamation means holders of unclaimed property — like businesses, associations and government organizations — are now required to review their books to search for monetary property that belongs to someone […]

Jan 12
The Unclaimed Property Act received proclamation on January 1

Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. Under the Act, holders of unclaimed property — like businesses, associations and government organizations – are now required to review their books to search for monetary property that belongs to someone […]

Jan 12
Canadian Securities Administrators to establish an Investor Advisory Panel to further enhance retail investor protection

Montréal – The Canadian Securities Administrators (CSA) plans to establish an Investor Advisory Panel (CSA IAP) to represent the interests of retail investors in pan-Canadian policy development activity. This initiative will further the CSA’s focus on its investor protection mandate. “We listened to retail investor advocates who expressed a need for more structured and sustained […]

Jan 12
FCNB launches innovative campaign targeting Millennial, DIY investors

The Financial and Consumer Services Commission of New Brunswick (FCNB) has launched The Right Recipe, a new investor education campaign targeting Millennial and do-it-yourself investors with resources designed specifically for them. “We know this demographic is notoriously difficult to reach and can also be disinclined to take advice from a Crown corporation,” says Marissa Sollows, […]

Jan 12
Crypto investment scams targeting N.B. residents through social media and dating sites

The Financial and Consumer Services Commission (FCNB) is warning New Brunswickers of fraudsters who are using social media and dating websites to lure people into crypto-asset investment scams. In the first nine months of 2021, 20 New Brunswickers reported losing nearly $ 711,000 in crypto investment scams, according to the Canadian Anti-Fraud Centre (CAFC). It […]

Jan 12
Canadian securities regulators, SROs and investor protection funds establish timeline for new self-regulatory framework

Vancouver and Toronto – Work is progressing on the creation of a new self-regulatory organization (SRO) for the investment industry and a new investor protection fund (IPF). The new SRO, as described in the Canadian Securities Administrators (CSA) Position Paper 25-404 New Self-Regulatory Organization Framework, will consolidate the functions of the Investment Industry Regulatory Organization […]

Jan 12
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 11
Newsletter: harmonisation of the conditions for registration and maintaining registration in the various financial intermediation registers

The FSMA aims at maximum harmonisation of the conditions for the registration and the pursuit of financial intermediation activities, particularly insurance distribution, credit intermediation (in consumer and mortgage credit) and intermediation in banking and investment services. Thus, the FSMA’s objective is to simplify and clarify the administrative and regulatory obligations for financial intermediaries. To this […]

Jan 11
The FSMA has launched a consultation about SPACs

A SPAC, or Special Purpose Acquisition Company, is a new company established for the specific purpose of raising capital, applying for a stock exchange listing and within a short period thereafter, financing a merger or acquisition. The FSMA is proposing to introduce minimum standards for SPACs. These minimum standards concern the structure of SPACs, information […]