A year ago, securities regulators seemed determined to finally push ahead with binding dispute resolution, which would force banks and dealers to compensate victims of adviser misconduct.
For well over a decade, binding dispute resolution has been discussed and studied, proposals shelved in the face of vigorous resistance. But OBSI is powerless to enforce its own decisions. Sometimes, albeit rarely, firms simply refuse to pay. Lowball offers are much more common. “It is difficult to confidently promote a service that is unable to assure and secure redress for consumers,” Deborah Battell, the former banking ombudsman for New Zealand, wrote in a 2016 review.
After the CSA laid out a framework for granting OBSI binding authority last November, the letters of protest still poured in.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
'Clearly targets the livestock industry': Alberta's beef with federal pandemic billAlberta's government and meat producers worry a bill about preventing and preparing for future pandemics could be harmful to the agriculture industry.
출처: CTVCalgary - 🏆 26. / 68 더 많은 것을 읽으십시오 »
Critics accuse Ford of indecision over LCBO paper bags, industry welcomes moveThe Ford government ordered the LCBO this week to look for a new paper bag supplier after the agency selected a Quebec-based company.
출처: GlobalCalgary - 🏆 50. / 61 더 많은 것을 읽으십시오 »
Real Estate Insiders Explore Industry’s Digital FutureSTOREYS is the leading real estate news site in the country, providing the most accurate and up-to-date coverage of the Canadian market.
출처: storeyspub - 🏆 16. / 74 더 많은 것을 읽으십시오 »
'We can't control them': Clothing recyclers frustrated by criminals operating in donation bin industryAn organization that represents clothing recyclers says they’re frustrated after a W5 investigation found a fake charity and some violent players connected to organized crime have been muscling in on the clothing donation bin industry, and is calling for governments to do more.
출처: CTVNews - 🏆 1. / 99 더 많은 것을 읽으십시오 »
Rising investor gold demand offsets lower jewellery buying in Q3, says industry bodyThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »
Loblaw says it would join with grocery industry in ending property controlsCanada’s biggest grocer says it wants to eliminate commercial property controls in the grocery industry.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »