The Alberta Securities Commission (ASC) and the Financial Consumer Services Commission of New Brunswick (FCSCNB) have issued investor alerts against a suspected crypto investment scam called “CanCap.” The allegedly fraudulent firm is not related to privately-owned Canadian financial services company CanCap Group.

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The Ontario Securities Commission (OSC) announced that it has delegated the registration function for firms registered as investment dealers, mutual fund dealers and futures commission merchants, and the individuals who act on their behalf, to the to the Canadian Investment Regulatory Organization (CIRO), effective April 1, 2025.

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FP Canada is announced a partnership with Aviso, a leading wealth services supplier, growing its continuing education (CE) business. Course accreditation fees for other CE providers will be raised. Some education providers say the result will be less choice and educational gaps.

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The Investment Funds Institute of Canada’s (IFSE) educational arm, the IFSE Institute, will shut down on June 30, 2025. Students taking courses for mutual fund or exempt market proficiency, can register in equivalent courses with the Canadian Securities Institute. IFSE students in the life license qualification program (LLQP) will be transferred to SeeWhy Financial Learning Inc.

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CIRO’s Dealer Rules, require dealers to provide CIRO with written notice, prior to any material changes to their business activities. A webcast outlining these tools and their benefits will also be made available soon.

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The Office of the Superintendent of Financial Institutions (OSFI) released final guidance that sets out its approach to the treatment of banks’ crypto holdings in terms of both regulatory capital and liquidity requirements. The new guidance on crypto disclosure becomes effective in the first quarter of 2026.

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The Canadian Investment Regulatory Organization (CIRO) is working to help investment dealers, keen to take part in the federal government’s effort to facilitate banking sector innovation through “open banking,” expected to launch in early 2026. CIRO aims to clarify the framework, including accreditation, regulatory oversight, and compliance expectations within the existing securities framework.

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The Canadian Investment Regulatory Organization (CIRO) has released its Annual Compliance Report 2025, providing guidance on emerging challenges, helping dealers align their risk-management and supervisory efforts with regulatory expectations. The report highlights several areas of concern, notably the role of technology in investment operations and the associated risks.

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The Investment Funds Institute of Canada (IFIC) released its 2024 Investment Funds Report, offering data and comprehensive analysis of mutual fund and ETF sales and assets under management as well as industry trends.

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The Canadian Securities Administrators (CSA) approved the Canadian Investment Regulatory Organization’s (CIRO) proposed new integrated fee model. The new integrated model is being adopted to introduce, a consistent and harmonized approach to collecting fees. The new integrated model takes effect April 1, 2025, for fiscal year 2026 (ending March 30, 2026).

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