The Ontario Securities Commission (OSC) has published Notice of General Orders – Ontario Instrument 32-508 Not-For-Profit Angel Investor Group Registration Exemption (Interim Class Order); Ontario Instrument 32-509 Early-Stage Business Registration Exemption (Interim Class Order); Ontario Instrument 45-509 Report of Distributions under the Self Certified Investor…
The Federal Government’s 2024 Budget (Budget 2024) contains measures against financial crime. Budget 2024 acknowledges that financial crime can range from terrorist financing, corruption, money laundering, fraud, tax evasion, and sanctions evasion. “These crimes have real-world implications, often enabling other criminal behaviour,” says the budget…
The Ontario Securities Commission (OSC) has announced the publication of the final amendments to its fee rules for restricted dealers, for firms permitted to carry on business under terms and conditions imposed by the OSC, Amendments to OSC Rule 13-502 Fees, OSC Rule 13-503 (Commodity…
Toronto, April 19, 2024: BAX Securities Law is pleased to announce that the firm has resumed its sponsorship of the Toronto Business Lawyers Association (TBLA) networking and business development monthly meetings. Barbara Hendrickson, Managing Partner of BAX Securities Law, is pleased to invite friends and colleagues…
The Canadian Securities Administrators (CSA) have confirmed that it is focused on implementing the interim approach to VCRAs (commonly referred to as stablecoins) even as the regulator has announced the extension of the deadline to October 31st, 2024, for its implementation. The initial deadline of…
Toronto, April 2, 2024: BAX Securities Law is pleased to announce that the firm has resumed its sponsorship of the Toronto Business Lawyers Association (TBLA) networking and business development monthly meetings. Barbara Hendrickson, Managing Partner of BAX Securities Law, is pleased to invite friends and colleagues…
[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] A recent Canadian Securities Administrators (CSA) Investor Alert (Alert) points to the emergence of firms, known as claims management companies (CMCs) that offer paid services to investors to interreact with the Ontario Securities Commission and other member of…
Canadian Securities Administrators (CSA) A Multilateral Staff Notice 81-337 Targeted Continuous Disclosure Review and Guidance for Independent Review Committees for Investment Funds (the Staff Notice) has been published jointly by the Ontario Securities Commission (OSC) and the Autorité des marchés financiers (AMF). Publication of the…
The Canadian Sustainability Standards Board (CSSB) has published draft versions of the First Canadian Sustainability Disclosure Standards (the standards) for a 90-day comment period ending June 10, 2024. The standards aim to set a new benchmark for sustainability-related information disclosure, facilitating a more consistent and…
The Canadian Securities Administrators (CSA) has published CSA Staff Notice 81-334 – ESG-Related Investment Fund Disclosure (Revised) (the revised Staff Notice), which provides updated guidance for investment funds on disclosure practices related to environmental, social and governance (ESG) matters. The revised CSA Staff Notice does…