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FINTRAC ramps up: insights from the 2024-5 annual report
Canada’s anti-money-laundering and terrorist financing watchdog significantly increased its activity over the last year.
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Golsan Scruggs 2025 RIA Risk Survey highlights fraud and cyber concerns
Cyber risk remained in the top tier of concern as regulatory risk slipped.
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Fed votes to publish supervisory stress test models
Banking industry celebrates a reduction in the opacity of the tests, while critics fear it could invite gamesmanship.
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FINRA sweep targets foreign small-cap offerings
The information requests focus on policies, procedures, training, and surveillance controls around small-cap offerings and trading.
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Risk management over innovation – CD Howe on Canada’s regulatory landscape
Canadian regulators urged to embed efficiency, growth, and competition alongside investor protection.
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BNP Paribas loses $20m Sudan jury trial, expects reversal on appeal
The New York federal case was tried under Swiss civil law.
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Regional bank loan oversight lapses and borrower fraud disclosures jolt market
Markets take a hit amid broader fears about credit quality and questions over risk assessment.
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FINTRAC fines First Nations Bank of Canada C$600,000 for AML/ATF compliance failures
The agency claims the bank neglected to file STRs in 31% of cases containing at least one suspicious transaction, among other deficiencies.