Canada

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Canadian regulator examines FinTech sector

The Canadian Competition Bureau launched a market study into technology‑led innovation in the Canadian financial services (FinTech) sector today. FinTech companies are using technology to change the way that Canadians consume financial services, such as making payments or transfers, investing and borrowing funds. At the touch of a screen on your tablet or smartphone, FinTech …

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ESMA cooperates with Canadian and Swiss regulators on CCPs under EMIR

The European Securities and Markets Authority (ESMA) has established three Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR). The MoUs establish cooperation arrangements, including the exchange of information, regarding Central Counter-parties (CCPs) which are established and authorised or recognised in Canada (Alberta, Manitoba, Ontario and/or Quebec) or Switzerland, and which have applied …

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