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…
Under the Retail Payment Activities Act, payment service providers registered with the Bank of Canada must demonstrate how they manage their operational risks, respond to incidents, safeguard end-user funds, and notify the Bank of Canada of certain incidents and significant changes. This requirement comes into…
The Retail Payments Activities Act was enacted by the Parliament of Canada and passed into law, on June 29, 2021, with regulations published on November 22, 2023. On December 12, 2023, the Bank of Canada published guidance entitled Criteria for registering payment service providers (Guidance)….
The Canadian Securities Administrators (CSA) have provided updated guidance on virtual shareholder meetings. During the pandemic, virtual shareholder meetings became necessary due to quarantine restrictions. In the period following the pandemic, the practice has continued, with the amending of certain Canadian corporate statutes that govern…