Tag: fcnb

Apr 28
Canadian securities regulators publish annual activities report on oversight of the SRO and investor protection funds

Toronto – The Canadian Securities Administrators (CSA) today published CSA Staff Notice 25-303 2021 CSA Annual Activities Report on the Oversight of the Self-Regulatory Organizations (SROs) and Investor Protection Funds (IPFs).  The report summarizes CSA oversight of the SROs and IPFs during the 2021 calendar year. The SROs are the Investment Industry Regulatory Organization of […]

Apr 28
Canadian financial regulators propose total cost reporting for investment funds and segregated funds

Montreal – The Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR) today published proposals that would enhance total cost reporting for investment funds and segregated funds. These proposed changes aim to improve the transparency of total fees and costs paid by mutual fund investors and segregated fund holders. “The proposals are […]

Apr 21
Caution: Standpoint Finance Limited, BlackBull Markets, SafeCryptoWorld, Crystalead, CryptoNite Exchange

The Financial and Consumer Services Commission (FCNB) is aware that the following entities, claiming to provide online cryptocurrency trading services, accept New Brunswick residents as clients: Standpoint Finance Limited: claims to be operating from Saint Vincent and the Grenadines BlackBull Markets: claims to be operating from Auckland, NZ SafeCrypto World: claims to be operating from […]

Apr 14
Canadian securities regulators reduce regulatory burden related to the interpretation of the primary business requirements

Montréal and Toronto – The Canadian Securities Administrators (CSA) today published changes to harmonize the interpretation of the financial statement requirements for a long form prospectus, such as in an issuer’s initial public offering (IPO). Specifically, the changes apply in situations where an issuer has acquired a business, or proposes to acquire a business, that […]

Apr 14
Canadian securities regulators seek input on disclosure standards for mineral projects

Vancouver – Staff of the Canadian Securities Administrators (CSA) are publishing CSA Consultation Paper 43-401 Consultation on National Instrument 43-101 Standards of Disclosure for Mineral Projects seeking comments on Canada’s standards for disclosing scientific and technical information about mineral projects, as we consider ways to update and enhance those requirements. National Instrument 43-101 Standards of […]

Apr 13
Coming into force of Local Amendments to NI 41-101 General Prospectus Requirements, NI 81-106 Investment Fund Continuous Disclosure and NI 81-107 Independent Review Committee for Investment Funds

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 […]

Apr 12
Coming into force of National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives

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 […]

Apr 07
Career Possibility: Compliance Officer, Financial Institutions

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 […]

Apr 07
Canadian securities regulators seek comment on the implementation of an access equals delivery model for non-investment fund reporting issuers

Montréal – The Canadian Securities Administrators (CSA) today published proposed amendments to implement an access equals delivery model for prospectuses generally, annual financial statements, interim financial reports and related management’s discussion & analysis (MD&A) for non-investment fund reporting issuers.  “We recognize that electronic access to documents facilitates more efficient communication with investors than paper delivery, […]

Apr 05
CSA, IIROC and MFDA update on implementation of new SRO

Good afternoon, We are contacting you today with a status update on work that is underway to implement the new, single enhanced self-regulatory organization (SRO) and new investor protection fund (IPF). Work is progressing well and timing is on track for a completion date of December 31, 2022. This is in keeping with the timeline […]