Private Debt Partners Appoints Six New Members to Advisory Board
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TORONTO and MONTREAL, Jan. 27, 2021 /CNW/ - Private Debt Partners ( PDP or the Company ) is pleased to announce the nominations of Mr. Mario Charpentier, Mr. Daniel Gallivan, Mr. Paul Hill, Mr. Richard Kanemy, Ms. Kristi Miller and Dr. Par Nijhawan, to its Advisory Board. The newly appointed Advisory Board members bring diverse finance, banking, legal, operational, governance and leadership experience that will complement and enhance PDP s core competencies as the Company deploys its Senior Direct Lending Fund and its Senior Opportunities Fund, which are focused on lending capital to high-quality Canadian mid-market businesses.
James Langton
When markets drop, a surge in investor complaints usually follows. Indeed, complaint volumes throughout the investment industry rose in 2020.
Last year’s turmoil wasn’t just a run-of-the-mill financial crisis; it was also a dramatic shift to remote work for the investment industry, relaxed regulatory requirements (often necessitated by remote work) and an increase in fraudsters and hackers seeking to take advantage of new vulnerabilities.
The economic disruption meant many households and, by extension, retail investors suffered mightily.
The Canadian Foundation for Advancement of Investor Rights (a.k.a. FAIR Canada) stressed this reality in a recent submission to the Ontario Securities Commission (OSC).
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The banking scams to watch out for over the holidays in South Africa
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The Ombudsman for Banking Services (OBS) has warned of an increase in scams over the festive season as this is traditionally a time when criminals try to take advantage of consumers
The OBS said it has received and investigated a lot of complaints from bank customers who have fallen victim to scams over the years.
“In instances where it is were able to find maladministration on the part of the banks, we were able to recover monies for aggrieved consumers,” said Reana Steyn, the Ombudsman.
Steyn said that during this period, fraud is likely to occur when transacting online or with bank cards at the ATM and other point of sale devices.