by Barbara Hendrickson | Aug 27, 2019
The Canadian Securities Administrators (CSA) has provided guidance to firms seeking to engage the services of compliance consultants (Consultants) following a regulatory decision. CSA Staff Notice 31-356, Guidance on Compliance Consultants (The Staff Notice) defines...
by Barbara Hendrickson | Aug 27, 2019
The Ontario Securities Commission (OSC) has issued Staff Notice 11-787 Improving Fee Disclosure Through Behavioural Insights (the Staff Notice), outlining the findings of a research report (the Report) aimed at improving the investor’s experience with correspondingly...
by Barbara Hendrickson | Aug 17, 2019
The Financial Services Regulatory Authority (FSRA) of Ontario’s approach to syndicated mortgage investments started to take shape with the publication of two key documents early in August. The first was the regulator’s Request for Comment – Proposed Supervision...
by Barbara Hendrickson | Aug 17, 2019
The 2018 Annual Report of the Joint Regulators Committee (JRC) of the Ombudsman for Banking Services and Investments (OBSI) (the Annual Report) has been published jointly by its member organizations: the Canadian Securities Administrators (CSA), the Investment...
by Barbara Hendrickson | Aug 13, 2019
The Ontario Securities Commission (OSC) has published Staff Notice 33-750 Summary Report for Dealers, Advisers and Investment Fund Managers (the Staff Notice or Summary Report), which reviews information impacting registration, information from compliance reviews, and...
by Barbara Hendrickson | Aug 6, 2019
With the publication of CSA Staff Notice 51-358, Reporting of Climate Change-Related Risks (the Staff Notice), the Canadian Securities Administrators (CSA) continue to set forth their expectations regarding the disclosure by issuers of material risks posed by climate...
by Barbara Hendrickson | Jul 29, 2019
An Ontario Securities Commission (OSC) panel has approved a settlement with CoinLaunch Corp. (CoinLaunch) which had formerly operated in the crypto-asset space, penalizing it for engaging in the business of trading in securities without a registration. CoinLaunch,...
by Barbara Hendrickson | Jul 22, 2019
Ontario’s newest financial services regulatory body, the Financial Services Regulatory Authority of Ontario (FSRA), has announced its priorities for the sectors it watches over, intending to provide sector-specific burden reductions while maintaining regulatory...
by Barbara Hendrickson | Jul 15, 2019
Effective June 1, 2020, Canadian cryptocurrency exchanges and foreign cryptocurrency exchanges serving Canadians will be required by Canada’s Finance Department to register as Money Service Bureaus (MSBs) with FINTRAC (Financial Transactions and Reports Analysis...
by Barbara Hendrickson | Jul 15, 2019
The Ontario Securities Commission (OSC) has lifted some of the regulatory burden for investment fund managers of pooled funds. Fund managers of pooled funds now no longer need to apply for approval to act as trustees. As registrants, the OSC deems that fund managers...
