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The CPAB has two governing bodies. The Council of Governors consists of six members: the Superintendent of Financial Institutions, the Chair of the Ontario Securities Commission, the Chair of the Autorité des marchés financiers, the Chair of the Canadian Securities Administrators, [a] a Governor selected by the CSA, and public accountant that has audit oversight regulatory experience ...
The original organization of actuaries in Canada, the Actuaries Club, was founded in 1907 with 24 charter members, all actuaries living and working in Toronto. The Canadian Association of Actuaries was established October 8, 1946, and included all members of the Actuaries Clubs of Toronto and Winnipeg as well as a group of Montreal actuaries.
Financial Transactions and Reports Analysis Centre of Canada; Centre d'analyse des opérations et déclarations financières du Canada: Agency overview; Formed: 2000: Headquarters: Ottawa, Ontario, Canada: Employees: 556 (2024) [1] Annual budget: $51.5 million: Minister responsible
The ethos of all existing RiskLabs is a fusion of academic research, industrial innovation and governmental oversight in financial risk management. In 1996, another RiskLab was created independently at the University of Toronto , this time sponsored by the private company Algorithmics Incorporated .
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.
The Global Risk Institute (GRI) is a Toronto-based organization focused on risk management for the financial services sector. [1] It provides members with "knowledge and tools" in the forms of events, publications, and education programs [ 2 ] aimed at actionable insights, and at capability building more generally. [ 1 ]
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.
Payments Canada is headquartered in Ottawa, with an office in Toronto. The organization has 115 members including the Bank of Canada, chartered banks, trust and loan companies, credit union centrals, federations of caisses populaires, and other financial institutions. The Minister of Finance has