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In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
Canada Deposit Insurance Corporation; Canada Revenue Agency; Canadian Investment Regulatory Organization; Canadian Investor Protection Fund; Chambre de l'assurance de dommages (Québec) Chambre de la sécurité financière
Canadian securities regulation is managed through the laws and agencies established by Canada's 10 provincial and 3 territorial governments. Each province and territory has a securities commission or equivalent authority with its own provincial or territorial legislation .
For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...
The new stricter EU regulated capital requirements, applying towards all "credit institutions or investment firms" identified as being a D-SIB, basically adds further high quality Common Equity Tier 1 capital buffers on top of the above 10.5% Basel III minimum capital requirement, to be phased in during 2015–2019, with full effect for the ...
the Financial Consumer Agency of Canada Act. [1] In cases of contravention or non-compliance with legislation, FCAC notifies the federally regulated financial entity of a violation. Depending on the severity and frequency of the problem, the Agency may also: seek a commitment from the financial entity to remedy the issue within a short time
July 1987 – to ensure a coordinated approach to supervision and a modern regulatory framework for Canada's financial system, and acting on the recommendations of the Estey commission, the government proclaimed the Financial Institutions and Deposit Insurance Amendment Act and the Office of the Superintendent of Financial Institutions Act.
Canada does not have a national securities regulator, and each province and territory regulates its own capital markets; OSC regulates the capital markets in Ontario. [3] Other notable provincial regulators include the Alberta Securities Commission, the Autorité des marchés financiers (Québec), and the British Columbia Securities Commission.