Proposed Regulations (the Proposed Regulations) under the Retail Payment Activities Act (RPAA) have been released for public comment for a period ending March 28, 2023. The RPAA, which received Royal Assent in June, 2021 and…
Proposed Amendments (The Proposed Amendments) to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) will affect non-bank mortgage lenders, making them subject to the legislation. Announced in early February, The Proposed Amendments…
Please join Barbara Hendrickson of BAX Securities Law (www.baxsecuritieslaw.com) and Addison Cameron-Huff (www.cameronhuff.com) on March 3, 2023, at 1:00 ET for a seminar on the most recent notice from the Canadian Securities Administrators (CSA) -…
On February 22, 20233, the Canadian Securities Administrators (CSA) published Staff Notice 21-332, Crypto Asset Trading Platforms: Pre-Registration Undertakings Changes to Enhance Canadian Investor Protection (Staff Notice 21-332). Staff Notice 21-332 follows the CSA’s December…
BAX Securities Law is pleased to announce that it has been listed on the Ontario Security Commission (OSC) Beta Innovation Office Directory. The Directory, developed by the OSC Innovation Office, connects experienced law firms with…
The Canadian Security Administrators (CSA) have published an Exemption for Reporting Issuers incorporated under the Canada Business Corporations Act (CBCA). The Exemption provides relief from the proxy requirement for the uncontested election of directors. The…
Over the last few years, so-called sustainable investing, especially those that follow environmental, social and governance (ESG) considerations has grown. Reacting to this development, the Canadian Securities Administrators (CSA) Published Staff Notice 81-334, ESG Related…
The Canadian Securities Administrators (CSA) has announced it is amending (the Amendments) National Instrument 45-106 Prospectus Exemptions (NI 45-106). Provided all necessary ministerial approvals are obtained, the Amendments will come into force on March 8,…
The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have issued joint Staff Notice, 23-329, Short Selling in Canada (the Joint Staff Notice), to gather input from stakeholders regarding the…
The Ontario Securities Commission (OSC) has published OSC Notice 11-797 – Statement of Priorities Request for Comments Regarding Statement of Priorities for Financial Year to End March 31, 2024 (The Draft Statement of Priorities) for…