by Barbara Hendrickson | Apr 19, 2024
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...
by Barbara Hendrickson | Mar 27, 2024
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...
by Barbara Hendrickson | Mar 26, 2024
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 the...
by Barbara Hendrickson | Mar 25, 2024
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...
by Barbara Hendrickson | Mar 20, 2024
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...
by Barbara Hendrickson | Mar 12, 2024
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...
by Barbara Hendrickson | Feb 29, 2024
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...
by Barbara Hendrickson | Feb 27, 2024
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...
by Barbara Hendrickson | Feb 26, 2024
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...
by Barbara Hendrickson | Feb 16, 2024
The Canadian Securities Administrators (CSA) has published its 2023 review of systemic market risk in the Canadian capital markets, The 2023 Annual Report on Capital Markets (the Report). The Report is the regulator’s analysis of recent financial market trends...