Insights
We strive to make our publications timely, useful, and digestible for the executive managers in the asset management industry. We take pride in a good pun or apt music reference.
The articles on our website aren’t intended as a complete statement of the law or an opinion any matter. Please read our Privacy Policy to learn more.
Bulletin | Anti-Boredom Edition | July 2023
While it is hard to believe we have already reached mid-summer, it is almost harder to believe that July was designated as Anti-Boredom Month! Read more about our exciting monthly bulletin dedicated to summarizing updates and changes in the regulatory compliance world.
OSC Releases Annual Summary Report for Dealers, Advisers and Investment Fund Managers
On July 27, 2023, the Ontario Securities Commission (OSC) released its annual report outlining the work staff conducted in 2022/23 (to...
Learning Something New – CIRO’s Proposed New Proficiency Model
The Canadian Investment Regulatory Organization (CIRO) has released a consultation paper that should be reviewed by every dealer member of...
A Trip Around Alberta – ASC Releases 2023 Annual Report
On June 21, 2023, the Alberta Securities Commission (ASC) released its 2023 Annual Report, detailing its achievements in the final year of...
CSA Provides Temporary Relief from Filing Reports of Exempt Distribution and Offering Memorandum through SEDAR+ for Certain Foreign Issuers
The Canadian Securities Administrators (CSA) announced on July 20 with effect from July 21, 2023, that they were issuing substantively...
Consultation Paper issued on Title Protection Framework
The Manitoba government has joined Québec, Ontario, Saskatchewan and New Brunswick in considering or implementing legislation respecting...
CSA Amends Rules to Provide for Commodity Benchmarks
As we first mentioned approximately two years ago, a number of the securities regulatory authorities, including the Ontario Securities...
CIRO Republishes Proposals for Derivatives Rule Modernization
On July 13, the Canadian Investment Regulatory Organization (CIRO) released for the third time proposed amendments to modernize and...
Reminder: Everything Old is New Again – Interim Financial Statements
For collective investment vehicles with December 31 year ends, upcoming interim financial statement deadlines should be on your radar. In...
BLG’s Resource Corner
Our colleagues at BLG have provided the following insights we thought might interest our readers: ISSB publishes global sustainability and...
FSRA Consults Further on the UDAP Rule and Impactful Fee Choices
The Financial Services Regulatory Authority of Ontario (FSRA) released for consultation a second set of amendments relating to Rule 2020 –...
Federal Review of AML Regime with Global Implications
The Department of Finance Canada released a sweeping consultation paper with respect to Canada’s anti-money laundering and anti-terrorist...
CIRO’s Annual Priorities Released: Star Map Set for the New Regulator
Effective January 1, 2023, the New Self-Regulatory Organization of Canada (New SRO) – the amalgamated self-regulatory body formed from the...
CSA Launches TCR Implementation Committee
On June 13, the Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR), with the participation...
CSA Defers Launch of SEDAR+
On June 1, the Canadian Securities Administrators (CSA) issued an update announcing that the much anticipated launch of SEDAR+ was being...
CSA’s Review of Chargebacks Soon to Take Off
The use of chargebacks in the mutual fund industry is the latest practice to draw the focus of Canadian regulators who have been set on...