Tedesco has led the FCAC’s expansion and modernization since her appointment as commissioner in 2013
The new members will build on the research the subcommittee has conducted during the past two years
FCAC publishes Report on Best Practices in Financial Consumer Protection
The working group will collaborate on developing new programs and initiatives, and identify research priorities
Canada ranks third globally on financial knowledge, attitudes and behaviour
The committee members will work broaden stakeholder engagement beyond traditional players
The consumer watchdog reviewed business practices across Canada’s Big Six banks
Feds also aim to modernize the deposit insurance system and implement a framework for resolving systemically important financial market infrastructure firms
The federal agency announced the review in March
Financial institutions reimbursed $10.5 million to 1.2 million consumer accounts last year