On 17 February 2026 the Basel Committee on Banking Supervision published Synthetic risk transfers, a 31-page report on a market that has become an important source of capital relief for corporate credit risk. Across Canada, the euro area, the United Kingdom and the United States, the Committee estimates that about EUR 750 billion of assets…
On 8 September 2026, the Canadian Depository for Securities (CDS) begins the first, dry-run stage of the fail fee framework for Government of Canada (GoC) securities. During this stage, CDS calculates indicative 50 basis point fees for chargeable seller-side DvP fails in GoC bills, nominal bonds, real return bonds and strips. CIMPA and CDS, on…
A reloadable open-loop card that a customer can top up to $1,000 sits on top of a prepaid payment product account, and Canada’s financial intelligence unit gives that account the same anti-money-laundering weight as a chequing account. FINTRAC’s prepaid payment products guidance came into effect on 1 June 2021. Under the PCMLTFA and its regulations,…