Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
TORONTO/NEW YORK (Thomson Reuters Regulatory Intelligence) - The Office of the Privacy Commissioner of Canada (OPC), which oversees the administration and enforcement of data privacy law, is mulling over policy reforms to offer Canadians more regulatory tools to protect their personal information online.
TORONTO/NEW YORK (Thomson Reuters Regulatory Intelligence) - The growth of the financial technology industry in Canada is being held back by barriers to entry including a complex regulatory structure, high compliance costs, low levels of consumer awareness and a lack of access to start-up capital, according to a study on "fintech" challenges conducted by the Competition Bureau in Canada.
TORONTO/NEW YORK (Thomson Reuters Regulatory Intelligence) - A recent disciplinary decision issued by the Financial Consumer Agency of Canada (FCAC) against an unnamed payment card network operator concerning incorrect disclosures made by third party payment processors offers little insight into how the regulator will handle similar enforcement actions in the future. The resulting uncertainty poses a challenge for compliance officers in managing third-party risk in compliance with consumer protection regulations.
TORONTO (Thomson Reuters Regulatory Intelligence) - Efforts by Canadian regulators to deter financial misconduct through enforcement actions are coming up short. The manner in which regulators have conducted several recent misconduct investigations of financial institutions raises questions over whether their enforcement efforts achieve credible deterrence in the Canadian financial marketplace.
TORONTO (Thomson Reuters Regulatory Intelligence) - Financial regulators in Canada are rolling out the welcome mat for financial technology firms, or "fintechs." Recognizing the need to shift its regulatory focus to accommodate the use of advanced technology in the delivery of financial services, the Ontario Securities Commission (OSC) has launched initiatives aimed at providing compliance advice and flexible regulatory requirements for fintechs.
Multiple efforts by Canadian financial regulators last year to address fragmentation in securities enforcement will affect compliance officers, investment advisors and other professionals in 2017 and beyond, especially in matters pertaining to investor protection.