My Blog List

Thursday, 27 April 2017

Canadian securities regulators outline steps to support transition to T+2 - CSA

The Canadian Securities Administrators (CSA) today published two notices outlining amendments to support the transition from a three-day settlement cycle (T+3) for trades in Canada to two days (T+2) on September 5, 2017, consistent with the U.S.

The full CSA announcement is available here.

Monday, 24 April 2017

Common Reporting Standard - PWC

The Common Reporting Standard (CRS) for automatic information exchange becomes effective July 1, 2017, in Canada. To help you be ready, PWC has prepared a summary of the Canada Revenue Agency and Organisation for Economic Co-operation and Development guidance concerning the Foreign Account Tax Compliance Act and the CRS.

The PWC article can be found here.


The CRA guidance is available at this link.

Mergers & acquisitions - Have you considered talent? PWC

Access to talent with unique operational capabilities is often cited as a key reason for entering into a merger or acquisition. However, according to PwC’s 2017 M&A Integration Survey, 58% of executives claim that organizational structure and people management are a top post-close difficulty for traditional M&A transactions. Clearly, managing and engaging talent during a transaction is important to achieving success, but can be equally challenging to get right.


The complete article is available here. 

Thursday, 20 April 2017

Compliance Costs for Financial Institutions Will Continue to Increase - Accenture

Nine out of 10 (89 percent) financial services industry executives globally expect continued cost increases in their compliance departments over the next two years, according to a report by Accenture (NYSE: ACN) based on a survey of 150 compliance executives conducted between December 2016 and January 2017.

Please refer to this link.

OSC set to slash red tape for investment funds - Globe & Mail

The Ontario Securities Commission (OSC) is planning to streamline disclosure requirements around investment funds – something the regulator says will help reduce the regulatory burden for companies, and allow investors to make better investment decisions.

The full article can be viewed here.

Wednesday, 5 April 2017

Quebec Budget - Economics & Strategy - National Bank

National Bank prepared an analysis of the recent Quebec Budget from an economics and strategy perspective. The paper headlined with “Quebec harvests the fruits of its labour” and it was viewed by over 1,000 of my LinkedIn connections within a week, which was a record.

The full analysis can be found here.

Monday, 3 April 2017

Federal Budget 2017: What it Means to the Investment Management Industry - BLG

While Budget 2017 may be known more for the anticipated tax measures that it did not contain rather
than the ones that it did, consistent with recent federal budgets, several tax measures were directed at the investment management industry and its investors.

The complete publication can be viewed here.