TITLE

Canada drafts demutualization regs

AUTHOR(S)
Murray, M. Christian
PUB. DATE
September 1998
SOURCE
National Underwriter / Life & Health Financial Services;9/7/98, Vol. 102 Issue 36, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that Canada's federal Finance Department has released draft regulations that will govern the demutualization process for the country's big mutual insurers. Announcement from the four companies of their intention to demutualize; Positive response of the companies to the federal regulations.
ACCESSION #
1078588

 

Related Articles

  • Regulators clarify guidelines on labeling uninsured products. de Senerpont Domis, Olaf // American Banker;9/15/1995, Vol. 160 Issue 178, p3 

    Reports in bank and thrift agencies' clarification of mutual fund disclosure guidelines issued by regulators in early 1994. Subjecting of retail sales of uninsured investment products by bank personnel to interagency guidance; Exemption from the rule of trust accounts for which customers do not...

  • Consumer issues clouding fund regulation. Perkins, Marietta L. // American Banker;6/22/1994, Vol. 159 Issue 119, p10 

    Comments on regulation of mutual funds in the United States. Interagency statement on retail sales of nondeposit investment products; Safety and soundness issues.

  • Mutual fund proposals to make rounds again. Talley, Karen // American Banker;1/11/1994, Vol. 159 Issue 7, p14 

    Reports on legislation affecting bank mutual funds to be discussed when Congress opens on January 25, 1994. Initiatives that would give banks the power to convert common trust funds into mutual funds without triggering taxes to investors; Proposals at the House Ways and Means Committee;...

  • Regulators may test fund disclosures. Rehm, Barbara A. // American Banker;4/12/1994, Vol. 159 Issue 69, p3 

    Reports on the federal government's plan to investigate mutual fund disclosures of financial institutions. Coordination of financial regulatory agencies with the Office of the Comptroller of the Currency; Federal Deposit Insurance Corp.'s testing of mutual fund disclosures by state banks;...

  • Schumer drafting mutual fund legislation.  // American Banker;7/26/1993, Vol. 158 Issue 141, p14 

    Reports on Rep. Charles Schumer's drafting of a legislation that would codify the rules for insured institutions that sell mutual funds. Schumer's misgivings about bank sponsorship of investment products.

  • Bowing to comptroller, regulators agree to meet to weigh use of mutual fund `mystery shoppers'. Rehm, Barbara A. // American Banker;5/2/1994, Vol. 159 Issue 83, p3 

    Reports on the agreement of federal agencies to meet with the Comptroller of the Currency Eugene A. Ludwig on the possibility of sending mystery shoppers to test mutual fund disclosures. Schedule of the meeting; Development of a program to test mutual fund disclosures at all insured...

  • Gonzalez is asking regulators to tighten reins on hedge funds. Cummins, Claudia // American Banker;3/28/1994, Vol. 159 Issue 59, p3 

    Reports on House Banking Committee chairman Henry B. Gonzalez's call for regulators to increase their oversight of hedge funds. Plan to hold hearings with other financial regulators to discuss measures to avoid financial disaster; Hedge funds as a threat to the stability of the financial system.

  • Lobbyists hope Congress will do no harm. Garsson, Robert M. // American Banker;1/25/1994, Vol. 159 Issue 16, p4 

    Reports on lobbyists' warnings regarding the passage of legislations in Congress regulating bank sales of mutual funds. Restriction of bank insurance powers while authorizing interstate branching; Issues on regulatory consolidation; Compromise in the consolidation issues; Other issues that will...

  • Regulators cracking down on mutual fund investments. Arndorfer, James // American Banker;5/6/1994, Vol. 159 Issue 87, p14 

    Reports on the federal regulators policy stating mutual funds that credit unions buy must follow the same investment guidelines as credit unions. Effectivity date of the policy change; Reaction of examiners when a credit union is not able to get a prospecture stickered; Impermissible investment.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics