Investment and banking ombudsman case volumes reach all-time high

The Ombudsman for Banking Services and Investments has released its year-end complaint volume figures for 2021.

SOCIETY | February 18 2022 10:15AM
Regulator reprimands agency

The regulator found that the firm failed to take appropriate action after becoming aware of a possible compromise of cli…

LIFE INSURANCE | February 17 2022 10:33AM
Fairness shortcomings highlighted in feedback to banking Ombudsman review

The Investment Funds Institute of Canada has provided feedback to consultation regarding investment-related complaints m…

INVESTMENT | February 02 2022 10:10AM
Clear regulations needed for fintechs and insurtechs in Ontario

If the Financial Services Regulatory Authority wants to play a successful role in fintech and insurtech, it needs to tal…

SOCIETY | January 31 2022 09:39AM
Bill 96 bodes ill for commercial insurance

The obligation to produce a French version of contracts would affect roughly 5 per cent of commercial insurance policies…

P&C | January 17 2022 10:35AM
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Alberta regulator permanently bars Ponzi scheme operator

The Alberta Securities Commission has permanently barred a Kingston, Ontario resident after he was convicted of fraud ov…

INVESTMENT | January 14 2022 10:12AM
P&C wholesalers commit to rules of governance

The Canadian Association of Managing General Agents, which represents property and casualty insurance MGAs, is adopting …

P&C | November 22 2021 03:51PM