Latest News on private equity markets

FINTRAC announces assessment of obligations coming into force on June 1, 2021

FINTRAC | May 18, 2021 On June 1, 2021, amendments to certain Regulations made under the Proceeds of Crime (Money Laundering and Terrorist Financing Act (PCMLTFA) (the amended Regulations) will come into force and create or change obligations for reporting entities (REs) that are subject to the PCMLTFA. The amendments were published in the Canada Gazette on


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4 years ago

BIS digital currency paper predicts money will be unbundled

Ledger Insights | May 20, 2021 Today the BIS published a working paper entitled “The digitalization of money,” in which the unbundling of money is predicted. Fiat money is expected to have three sets of functions. It should act as a store of value, a medium of exchange, and a unit of account. However, as cryptocurrencies are


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4 years ago

Fintech Fridays EP52: Technology Due Diligence Process and Cyber Security Risks

NCFA Canada | May 21, 2021 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. EP52: Technology Due Diligence Process and Cyber Security Risks Featured Guests: Guests: 1. FARSHAD ABASI, Founder and CSO, Forward Security Inc. 2. DANIEL LEE, Managing Director, Technology & Innovation, Mid-market Investment Banking, CIBC 3. MICHAEL CASTRO, Founder and Risk Executive, RiskAware


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4 years ago

How to Vet Startup Financial Projections

It’s crucial that investors conduct their own due diligence on investment opportunities. Learn more about assessing the financial projections of a potential startup investment. Continue reading

4 years ago

Treasury Department gives out $6 billion to assist landlords and renters. More money is on the way

The Treasury Department announced on Friday that it's given out more than $6 billion to help renters and landlords struggling in the pandemic.

4 years ago

How to invest smartly when inflation picks up

As worries about inflation grow, CNBC spoke to financial advisors about how investors can protect their money from rising prices — and even profit from them.

4 years ago

Ripple’s XRP Set To Launch Their Initial Public Offering

AsiaOne | MarketersMedia | May 18, 2021 Ripple’s XRP Set To Launch Their Initial Public Offering Tokyo, Japan -  Brad Garlinghouse, the CEO of Ripple, announced at Davos 2020 that the company will be going public in 12 months. The announcement has expectedly attracted the attention of crypto enthusiasts across the globe. Ripple and its


The post Ripple’s XRP Set To Launch Their Initial Public Offering first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Media mogul Barry Diller says cryptocurrencies are a 'con'

"This is nutso," Barry Diller told CNBC about big crypto investments.

4 years ago

Some states will pay you up to $2,000 to return to work. Here’s what to know

Four of the nearly two dozen states ending federal unemployment benefits are instead paying one-time return-to-work bonuses of up to $2,000.

4 years ago

More states are eliminating the extra $300 per week in unemployment benefits. What to know about your rights

As the economy reopens, getting workers back on the job is a priority. Here's what to know if you're one of the millions of people still without work.

4 years ago

New teen investing accounts may deliver a surprise tax bill

Teen investing accounts may offer hands-on financial education, but experts say these accounts could deliver parents a surprise tax bill.

4 years ago

IHOP to launch new restaurant, Flip'd by IHOP, after rethinking pilot during pandemic

IHOP will launch its fast-casual spinoff, Flip'd by IHOP, in July, more than a year after initially planned.

4 years ago

These strategies can reduce the taxes you will pay on retirement accounts

If your retirement funds are in a traditional 401(k) or individual retirement account, the U.S. government is owed part of it in the form of taxes.

4 years ago

JPMorgan Chase launches new healthcare business after winding down Amazon-Berkshire venture

The American healthcare system has proven to be a difficult nut to crack. The unit's predecessor Haven folded with little to show in terms of concrete results.

4 years ago

Number of 401(k) and IRA millionaires hits record one year after Covid, Fidelity says

Although many Americans are still out of work and struggling, the recent stock market run up has buoyed retirement savings account balances to record levels.

4 years ago