Canadian Foundation for Advancement of Investor Rights is a non-profit independent organization that “seeks to advance the interests of investors and the integrity and fairness of Canadian capital markets –“(Source: FAIR website)
Financial Accounting Standards Board seeks to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information.(Source: FASB website)
Financial Conduct Authority regulates firms and financial advisers and encourages transparent pricing. As of April 2013, the PRA and the FCA operate as regulating bodies filling the role of the FSA. The FCA is separate but from the PRA and Bank of England, but these authoritative bodies creating a “twin peaks” regulatory structure. The FCA regulates financial services not under PRA supervision, such as asset managers and independent financial advisors.(Sources: FCA website and Bank of England, PRA page)
Financial and Consumer Affairs Authority protects consumer and public interests and supports the economic well-being through responsive regulation. Its Securities Division is the province of Saskatchewan’s OSC equivalent, aka the Saskatchewan Securities Commission.(Source: Government of Saskatchewan website, FCCA Securities Division page)
Financial Disclosure Advisory Board consults and advises the OSC on financial disclosure requirements of the Securities Act and its regulations. It consults with staff on controversial matters requiring resolution.(Source: OSC website)
Fair Dealing Model is a blueprint for major reform of the regulation of retail financial services. It adapts the traditional values of fair dealing and efficient allocation of capital to modern business methods and retail investor needs.(Source: OSC, Securities Law and Instruments)
Federation International des Bourses de Valeurs, or the World Federation of Exchange, is “an international organisation comprised of the world’s leading exchanges… Its purpose is to facilitate the representation, development of organised and regulated markets and to meet the needs of evolving capital markets in the best interest of their users.”(Source: 2001 Annual report, p. 4)
A fiduciary, as a noun, is a person holding the character of a trustee, or a character analogous to that of a trustee. A fiduciary that is invested with rights and powers to be exercised for the benefit of another person.
As an adjective it is the nature of a legal or ethical relationship of trust between two or more parties.(Source: Black’s Legal Dictionary)
Financial markets are markets for exchange of capital and credit, including the money markets and the capital markets.(Source: A Brief Overview of the Regulatory Structure of Securities Regulation in Ontario)
Foundation internal ratings approach is an approach whereby Basle II allows banks to calculate their capital requirement in respect of their credit risk exposure for obligor.(Source: Morgan Stanley Intuition website)
Financial Market Infrastructure is defined by the Bank of Canada as the channel through which financial transactions are cleared, settled and recorded. They allow consumers and firms to purchase goods and services, make financial investments, and transfer funds.
Risk.net offers a Journal of Financial Market Infrastructure.(Source: Bank of Canada website & Risk.net)
Financial Stability – The OSC goal to contribute to both national and international efforts to mitigate systemic risk to promote financial stability of the global financial markets.(Source: OSC Strategic Plan)
Financial Services Authority, 2000 – 2013, is an administrative tribunal regulated the financial services industry in the UK, including insurance, pensions and securities. Their role encompassed consumer education, enforcement and supervisory activities. As of April 2013, the FSA has been split into two bodies: the PRA, associated with the Bank of England, and the FCA.(Source: FSA website)
Financial Services and Markets Act is an Act to make provision about the regulation of financial services and markets; to provide for the transfer of certain statutory functions relating to building societies, friendly societies, industrial and provident societies and certain other mutual societies; and for connected purposes.(Source: UK Government Legislation – The National Archives)
Financial Stability Board – The FSB has been established to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies in the interest of financial stability currently chaired by Mark Carney (former Cdn BofC and currently Bank of England Governor)(Source: FSB website)
Financial Sector Assessment Program is an IMF program, established in 1999. It’s a comprehensive analysis of a country’s financial sector.(Source: IMF website, Supporting Documents Country FSAPS page)
Financial Services Commission of Ontario regulates insurance, pensions, credit unions, caisses populaires, cooperatives, mortgage brokers and loan & trust companies.(Source: FSCO website)
A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. The FTSE is similar to Standard & Poor's in the United States. They are best known for the FTSE 100, an index of blue-chip stocks on the London Stock Exchange.(Source: Investopedia)
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