In this bulletin:
- Ontario’s Capital Markets Modernization Taskforce Releases Final Report
- CSA Publishes More FAQ Guidance on the Client-Focused Reforms
- FINTRAC Updates its Guidance on Conducting AML Risk Assessments
- Reviewing Fund Custodian Arrangements
FAQ Corner: Does a pooled fund that invests in an underlying fund require a custodian for the securities of the underlying fund? ▪ Can a portfolio manager or investment fund that is subject to FATCA/CRS due diligence and reporting obligations rely on a dealer or third-party custodian to conduct these activities on its behalf?
In Brief: IOSCO Issues Guidance for Dealing with Aggrieved Investors▪ OSC Issues “Best Practice Guidance” for Prospectus Filings ▪ Regulators Make it Easier for MFDA Reps to Sell Liquid Alt Funds
Click the link to access a PDF of our full, monthly bulletin summarizing these recent developments. >> Monthly Bulletin | New Year Edition | January 2021