IFIC CMSA/PCMA Submission Focusses on Systemic Risk Deficiencies
Sources News Release
http://www.sources.com/Releases/NR2321.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 11/12/2014
Year Published: 2014
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) has filed a submission on behalf of the investment funds industry that identifies a number of concerns with consultation drafts of the Capital Markets Stability Act
Abstract: Toronto, ON - December 11, 2014 - The Investment Funds Institute of Canada (IFIC) has filed a submission on behalf of the investment funds industry that identifies a number of concerns with consultation drafts of the Capital Markets Stability Act (CMSA) and Provincial Capital Markets Act (PCMA).
The IFIC submission expresses serious reservations with a proposed approach to the assessment and designation of systemic risk when dealing with funds. The approach goes well beyond frameworks identi...
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