بازار خرید و فروش انواع پارچه | پارچه سرا قیمت، خرید، فروش انواع پارچه
In these circumstances, the IA and the CFS agree, as part of the CFS Memorandum of Understanding, to coordinate and exchange information to facilitate surveillance. This means that companies of interest to both regulators must address compliance issues on the assumption that information provided to one regulator can be shared with the other, subject to the limitations placed on such information sharing under the Insurance Regulations and the Securities and Futures Regulations. The agreement expands the work of the CSA`s Regulatory Sandbox Initiative and the CFC Fintech Point of Contact. In particular, it includes a reference mechanism for innovative companies and improves and defines the scope of the exchange of information between those jurisdictions. “This agreement reflects SFC`s continued focus on strengthening regulatory cooperation with its partners and facilitating innovation in financial services,” said Ashley Alder, CEO of SFC. “We look forward to working closely with CSA members to share their experiences and information to help innovative companies connect with regulators around the world.” Montreal and Hong Kong – Members of the Canadian Securities Administrators (CSA) have signed an agreement with the Securities and Futures Commission of Hong Kong (SFC) to collaborate on innovative features. Its members are the securities regulators of Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec and Saskatchewan. The Memorandum of Understanding on CFCs aims to further strengthen cooperation between the ESA and impact assessment, facilitate the performance of their respective regulatory functions and reduce administrative overlap between them by defining their respective responsibilities in different areas, including the exchange and exchange of information, joint investigations and inspections, as well as supervisory and enforcement issues. Home / News / Canadian securities regulators sign cooperation agreement for innovative functions with Hong Kong`s Securities and Futures Commission The SEC`s approach to regulatory cooperation with its foreign counterparts builds on more than three decades of experience in cross-border cooperation, beginning in the late 1980s with Memoranda of Understanding (MOUs), that facilitate the exchange of information between the SEC and others. Facilitate the application of the Securities Act to securities regulators. Letters of Intent to Cooperate in Law Enforcement help the SEC gather intelligence abroad to investigate violations of securities laws and compensate victims of securities fraud to the extent possible.
Supervisory cooperation agreements establish mechanisms for the continuous consultation and exchange of information on the supervision of global entities and markets. This information may include routine supervisory information as well as information that regulators need to monitor risk concentrations, identify emerging risks, and better understand the compliance culture of a global regulated entity. These agreements also make it easier for the SEC and its partners to conduct on-site inspections of registered companies based outside the United States. For some CSA members, the agreement will come into effect once all regulatory approvals have been obtained. The SFC Memorandum of Understanding comes just over a year after the entry into force of the new legal regulation on the regulation of insurance intermediaries on 23 September. September 2019, after which the IA assumed direct regulatory oversight of insurance intermediaries. The new regime gave impact analysis inspection and enforcement powers over an intermediate industry that was previously primarily self-regulated. These powers are similar and, in some cases, go beyond the corresponding powers of the impact assessment as regards authorised insurers. While the SO now has essentially the same investigative and enforcement powers as the CFS, the SO does not (yet) have the same enforcement culture as the CFS, which has taken a tough approach to enforcement for many years. The possibility of joint investigations and enhanced cooperation should therefore lead to increased regulatory scrutiny – and the risk of fines – for undertakings whose insurance intermediary activities were previously subject to a self-regulatory regime. The same goes for financial groups that include both AI-regulated and SFC-regulated companies.
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