QSA's Week in Finance (#2, 2024)

Shereen Miller appointed FCAC Commissioner; $29.4M for small financial institutions; Credit card fees cut for small businesses; TD Bank implicated in money laundering; StatsCan reports securities transactions.

QSA's Week in Finance (#2, 2024)

Start Date: 2024-10-12
End Date: 2024-10-18

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Shereen Miller Appointed as Commissioner of the Financial Consumer Agency of Canada

On October 15, 2024, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Shereen Miller as the new Commissioner of the Financial Consumer Agency of Canada (FCAC). Miller, a seasoned human rights lawyer, will begin her five-year term on November 7, 2024. Her extensive experience in strategic policy and regulatory management is expected to influence the agency's operations significantly. The appointment signals a continued focus on consumer rights in accessing financial products and services.

Sources: ['Announcements: www.canada.ca', 'Announcements: www.canada.ca']