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 | A Pumpkin a Day Keeps the Goblins Away Edition | October 2022
This month, we discuss the recent OSC Annual Report, along with two OSC staff publications – one on registrant regulation and the other on investment fund issues, and we also provide an update on the ongoing CFR conflict sweeps, amongst other regulatory initiatives.
Changes to the Ministry of Finance Requirements for Corporate Dissolutions
Effective October 19, 2021, the Government of Ontario has indicated that the Ontario Business Registry will be launched and available for...
NRD Filing Reminders
We would like to remind our clients of a few items to consider with respect to their NRD filing obligations, so that filings are made (and...
Minor Amendments to the STCS Guide
Please note that there have been some small amendments to the CSA Guide to Suppression of Terrorism and Canadian Sanctions Reporting...
FSRA’s Proposed Guidance on Exemption from Mortgage Brokerage License Requirements
On August 18, the Financial Services Regulatory Authority of Ontario (FSRA) released a consultation paper on its draft interpretation...
PMAC Fall Regulatory and Compliance Webcast – October 21
AUM Law is a proud sponsor of the Fall Regulatory and Compliance Webcast organized by the Portfolio Management Association of Canada...
FSRA Proposes Approach Guidance for Publication of Enforcement Proceedings
The Financial Services Regulatory Authority of Ontario (FSRA) has released a proposed approach guidance, outlining its intentions with...
CSA Proposes a New Prospectus Exemption for Canadian-listed Issuers
On July 28, 2021, the Canadian Securities Administrators (CSA) announced a proposed new prospectus exemption for issuers listed on a...
CSA Proposes Amendments to Guidance for Financial Statements in Long Form Prospectuses
On August 12, the Canadian Securities Administrators (CSA) released proposed amendments to the Companion Policy to National Instrument...
CDCC and IIROC Propose Amendments Relating to Futures Segregation and Portability
The Canadian Derivatives Clearing Corporation (CDCC) has proposed amendments to its Rules, Operations Manual, Risk Manual and Default...
Titles, Titles and More Titles: Saskatchewan and New Brunswick Consider Title Protection Regimes
The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) released draft regulations under The Financial Planners and Financial...
Ontario’s Title Protection Framework – Have Your Say on Fees
The Financial Services Regulatory Authority of Ontario (FSRA) proposed amendments to Rule 2019-001 – Assessments and Fees (the Fee Rule)...
OSC Finalizes 2021-2022 Statement of Priorities
On June 29, 2021 the Ontario Securities Commission (OSC) published its 2021-2022 Statement of Priorities (the Statement of Priorities) for...
Has the OSC Asked You for Documents? OSC Publishes Guidance on Enforcement Investigations and Document Production
On July 22, 2021, the Ontario Securities Commission (OSC) published OSC Staff Notice 15-707 Enforcement Investigation Guidance and OSC...
Consultation on Strengthening Canada’s External Complaint Handling System in Banking
The Department of Finance Canada released a consultation paper on July 16 relating to the complaint handling process used by consumers for...
Policies and Procedures Change Required – CSA Finalizes Rules Protecting Vulnerable Clients
On July 15, 2021, the Canadian Securities Administrators (CSA) published final amendments to National Instrument 31-103 Registration...