Joint Forum of Financial Market Regulators discusses emerging trends and innovation in Canadian markets at annual meeting
QUÉBEC, April 15, 2024 /CNW/ - The Joint Forum of Financial Market Regulators (Joint Forum) held its annual meeting on April 10, 2024, bringing together members of the Canadian Securities Administrators (CSA), the Canadian Council of Insurance Regulators (CCIR), the Canadian Association of Pension Supervisory Authorities (CAPSA) and representatives from the Canadian Insurance Services Regulatory Organizations (CISRO), as well as the Mortgage Broker Regulators' Council of Canada (MBRCC).
- QUÉBEC, April 15, 2024 /CNW/ - The Joint Forum of Financial Market Regulators (Joint Forum) held its annual meeting on April 10, 2024, bringing together members of the Canadian Securities Administrators (CSA), the Canadian Council of Insurance Regulators (CCIR), the Canadian Association of Pension Supervisory Authorities (CAPSA) and representatives from the Canadian Insurance Services Regulatory Organizations (CISRO), as well as the Mortgage Broker Regulators' Council of Canada (MBRCC).
- As part of the plenary session, moderated by the Chair of the CSA Financial Innovation Hub Lise Estelle Brault, Joint Forum regulators heard from experts on how artificial intelligence (AI) technologies bring emerging benefits for financial markets participants, but also pose new risks.
- "As regulators, we will maintain fair and efficient capital markets and remain vigilant in promoting the responsible development of AI in finance."
- The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.