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September 21, 2017

Ottawa and the provinces should bolster their ability to monitor and deal with systemic risks to the financial system, according to a report from the C.D. Howe Institute. In Opportunities for Better Systemic Risk Management in Canada, author Nicholas Le Pan recommends greater coordination by regulators to fill gaps in the current system, and outlines a key role for the proposed cooperative securities regulator.

Nicholas Le Pan

Mr. Nicholas D. Le Pan served as a Superintendent of Financial Institutions for Canada from 2001 to 2006 and as a Deputy Superintendent, Office of the Superintendent of Financial Institutions, Canada (OSFI) since May 2000. Since May 2007, Mr. Le Pan served for federal government as a Senior Expert Advisor to the RCMP on its white-collar crime unit, the Integrated Market Enforcement Teams.