My Blog List

Wednesday, 21 February 2018

IFIC Launches New Fund Data Collection Platform – Investment Executive

The Investment Funds Institute of Canada (IFIC) has launched its new, faster data collection and reporting platform for investment fund sales, assets and fund attributes, the industry trade group announced Tuesday, February 20th.

The complete article can be viewed here.

Saturday, 10 February 2018

Cryptocurrencies - Current Regulatory Framework Applicable To Investment Funds - Fasken

This bulletin provides information on the current regulatory framework applicable to the investment fund industry as it relates to cryptocurrency-related activities and the actions taken by the Canadian Securities Administrators (CSA) as a follow-up to reports on CSA Staff Notice 46‑307.

The complete article can be viewed here.

Thursday, 8 February 2018

Mortgage Investment Corporations – AUM Law

Mortgage brokers say the borrower rejection rate from large banks and traditional monoline mortgage lenders has gone up as much as 20 per cent after Canada's banking regulator imposed a new stress test for home buyers who don't need mortgage insurance. AUM Law has prepared some excellent reference material if you are considering the launch of a mortgage investment corporation (MIC).

The article is available at this link.

Wednesday, 7 February 2018

Insider Trading and Tipping: Ontario Court of Appeal Sets Boundaries – Bennett Jones

A recent decision by the Ontario Court of Appeal has provided a powerful reminder to capital market participants to exercise caution before trading on a tip or discussing material non-public information lest they run afoul of the prohibitions on insider trading and tipping in the Securities Act.

The complete article can be viewed here.

Thursday, 1 February 2018

IOSCO Issues Recommendations to Improve Liquidity Risk

The Board of the International Organization of Securities Commissions (IOSCO) has issued today final recommendations that seek to improve liquidity risk management practices of open-ended collective investment schemes (CIS) as part of its mission to protect investors, ensure fair and efficient financial markets and reduce systemic risk.

The full news release can be viewed here.

Thursday, 25 January 2018

Lock in 1% Interest Rate for Income Splitting Loans by March 31, 2018 – Fasken

This article from Fasken will be of interest to high net worth investors and financial planners who are interested in low interest loans permitted under the ITA. Since the prescribed interest rate applicable in these situations is changing on April 1, 2018 Fasken has prepared this article which explains at a high level the tax planning opportunity.

The complete article can be viewed here.

Tuesday, 23 January 2018

Beware of Unforgiving & Aggressive Regulators – Bessner

The main focus for most advisors is building their businesses and they often tend to overlook the threat of unforgiving and aggressive regulators, when it comes down to compliance.

Ellen's article from Investment Executive can be viewed here