Concurrent with the release of Budget 2025 the Government of Canada has released draft legislation within An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (Budget 2025 Implementation… Government of Canada Releases Draft Stablecoin Legislation
The Canadian Securities Administrators (CSA) has published CSA Notice and Request for Comment – Proposed Amendments to National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure (the Proposed Amendments) for a comment period ending February… CSA Publishes Notice and Request for Comment – Proposed Amendments to National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure
In a recent speech to the Federal Reserve Bank of Philadelphia, U.S. Securities and Exchange Commission (SEC) chair Paul S. Atkins discussed the SEC’s approach to digital assets, which has been termed “Project Crypto.” “At… SEC Chair Outlines “Project Crypto” in Speech
Budget 2025 which was recently passed in the Canadian House of Commons, announced the government’s intention to introduce legislation to regulate the issuance of fiat-backed stablecoins in Canada. This legislation will require issuers to maintain… Budget 2025 Introduces a Regulated Space for Stablecoins
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has published a set of resources to support Canadian mortgage industry compliance under the Proceeds of Crime (Money Laundering) and Terrorist Finance Act (PCMLTFA) and… FINTRAC Supports Mortgage Sector Compliance
In the wake of the recent record CAD $176,960,190 administrative monetary penalty levied by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) on Xeltox Enterprises Ltd. of Vancouver (also known as Cryptomus ), the… CSA Cautions Crypto Lending Platforms And Customers
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued a record CAD $176,960,190 administrative monetary penalty on Xeltox Enterprises Ltd. of Vancouver, a reporting entity providing virtual currency transaction service (also operating as… FINTRAC Issues Record CAD $176 Million Penalty To Xeltox/Cryptomus
The Ontario Securities Commission (OSC) recently provided an update on OSC TestLab: Early-Stage Capital Raising (Early-Stage Capital Raising), a set of initiatives to support capital-raising for early-stage Ontario businesses announced in May 2024. OSC TestLab… OSC Provides Update On Initiatives To Support Capital-Raising For Early-Stage Businesses
The Canadian Securities Administrators (CSA) has published final amendments to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (NI 94-101) (The Final Amendments). The amendments were finalized after considering comments received on proposed amendments… CSA Adopts Final Amendments To Mandatory Central Counterparty Clearing Of Derivatives
With recent amendments to the Canadian Payments Act and the introduction of the Retail Payments Activities Act, Payment Service Providers (PSPs) are eligible for Payments Canada membership and access to the Real-Time Rail (RTR) system.… FINTECH Update: Payment Service Providers eligible for Payments Canada Membership and RTR Payments System