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 | Asteroid Edition | June 2023
Happy International Asteroid Day! While you keep one eye on the sky, you can keep one eye on the rest of this bulletin where we discuss the impact of regulatory consultations and amendments.
Welcome Michelle Racine Stacey to AUM Law
We are delighted to welcome Michelle Racine Stacey as a Knowledge Management Consultant to AUM Law. In her role, Michelle will focus on...
Keeping Fit: OSC’s Investor Advisory Panel Releases Report
On July 7, the Ontario Securities Commission’s independent Investor Advisory Panel (IAP) released its 2021 report outlining its activities...
Don’t Stress Out: We’ll Explain the Expansion of the Self-Certified Investor Prospectus Exemption
At the end of July, the Alberta Securities Commission (ASC) and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA)...
IIROC Enforcement Report 2021-2022: Trends to Note
The Investment Industry Regulatory Organization of Canada (IIROC) released its annual Enforcement Report (Report) for the fiscal year 2022...
All Work and No Play: CSA’s 2021-2022 Enforcement Report Released
On June 29, 2022 the Canadian Securities Administrators (CSA) issued its fiscal year 2021-2022 Enforcement Report (Report), for the year...
Making Changes: Saskatchewan Republishes Title Protection Rules for Comment
It’s been a year since we wrote about proposed draft regulations under Saskatchewan’s The Financial Planners and Financial Advisors Act....
The Importance of Inclusion: The Department of Finance Canada consults on Modernizing Corporate Governance for Federally Regulated Financial Institutions
The Department of Finance Canada is currently consulting on proposed changes to the governance framework for federally regulated financial...
Healthy Habits: New Investor Advisory Panel Established by CSA
In mid July, the Canadian Securities Administrators (CSA) announced that they have established its new, much anticipated Investor Advisory...
Roundtable to be Held on Derivatives Business Conduct Rules – A Potential Lunch and Learn Opportunity for Your Team
Faithful bulletin readers will recall our prior articles regarding the proposed derivatives business conduct rules, most recently released...
No Laughing Matter: OSFI Releases Final Guideline for Technology and Cyber Risk
The Office of the Superintendent of Financial Institutions (OSFI) has released its final Guideline B-13 Technology and Cyber Risk...
Welcome William (Bill) Donegan to AUM Law
We are delighted to welcome Bill Donegan as Senior Compliance Consultant to AUM Law. In his role, Bill will provide senior level advisory...
AUM Law Speaks at TSAM Toronto Panel
On September 7, AUM Law’s Bill Donegan will participate as a speaker at the TSAM Toronto panel on investment operations and optimizing...
Conflicts of Interest Rally – Audit Sweep Update
As you may know, many of the provincial regulators including staff at the Ontario Securities Commission (OSC), are currently conducting a...
Summer is Here! And So Are the Amendments to NI 31-109 and NI 33-103
Identifying OAs: Regulators have been busy with the implementation of the client focused reforms (CFRs) and the recent amendments to...
New Proposed Climate Risk Management Guideline: Will OSFI’s Next Step Be an Ace?
On May 26, 2022, the Office of the Superintendent of Financial Institutions (OSFI) issued a draft version of Guideline B-15: Climate Risk...