New consumer complaint requirements for banks *

Canada - July 17 2012
On July 6, 2012 the Minister of Finance announced new proposed regulations for banks and authorized foreign banks regarding consumer complaints

Co-authors: Stephanie Robinson.

Upcoming changes to Ontario's insurance regime: FSCO to require Ontario incorporated insurers to transfer jurisdictions *

Canada - July 9 2012
On May 8, 2012, the Financial Services Commission of Ontario, the government agency that regulates the solvency of all Ontario incorporated insurers (including companies/reinsurers, mutuals, reciprocal exchanges and fraternals), released a consultation paper titled "Improving Solvency Supervision of Insurers in Ontario: A Proposal to Upgrade Solvency Standards for the Benefit and Protection of Ontario Policyholders".

Co-authors: Carol Lyons.

Upcoming changes to Ontario’s insurance regime: FSCO to require Ontario incorporated insurers to transfer jurisdictions *

Canada - June 29 2012
On May 8, 2012, the Financial Services Commission of Ontario (“FSCO”), the government agency that regulates the solvency of all Ontario incorporated insurers (including companies/reinsurers, mutuals, reciprocal exchanges and fraternals), released a consultation paper titled “Improving Solvency Supervision of Insurers in Ontario: A Proposal to Upgrade Solvency Standards for the Benefit and Protection of Ontario Policyholders”.

Co-authors: Carol Lyons.