TORONTO – The Ontario Securities Commission (OSC) and the Autorité des marchés financiers (AMF) today published notices authorizing the discontinuation of the Canadian Dollar Offered Rate (CDOR), a designated critical benchmark. Refinitiv Benchmark Services (UK) Limited (RBSL) is the administrator of CDOR, a domestically important interest rate benchmark. The OSC and the AMF, as co-lead […]
Vancouver and Toronto – The Canadian Securities Administrators (CSA) today announced the proposed board members of the new self-regulatory organization (SRO) and investor protection fund (IPF), and the publication for comment of several documents necessary to launch the new SRO and IPF. “Today’s announcement of the new boards and publication of draft documents marks a major […]
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 […]
On March 17th, 2022, the Canadian Anti-Fraud Centre and Winnipeg Police Service (WPS) were able to recover a $17 000 fraudulent Bitcoin transfer associated to a crypto investment scam. This recovery is an example of how important it is to report to both CAFC and local police. Investment scams were the highest reported scams based […]
The Financial and Consumer Services Commission (FCNB) has become aware that BitzCex Investment or “BitzCex investetment”, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. New Brunswickers are urged to exercise caution when investing […]
The Financial and Consumer Services Commission (FCNB) has become aware that Beneffx, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Beneffx appears to be operating from the Marshall Islands. New Brunswickers are urged […]
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 […]
The Financial and Consumer Services Commission (FCNB) is warning the public of scammers impersonating enforcement employees from FCNB. FCNB was made aware of the scam from a Nova Scotia resident, who received a telephone call from a person identifying themselves as Sam Henderson and a Karen Fherwood. Henderson and Fherwood falsely claimed to work for […]
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 […]
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 […]