Apr 28, 2023 | Mortgage and Real Estate Investment Vehicles, Regulatory Compliance
On March 28, 2023, the Financial Services Regulatory Authority of Ontario (FSRA) released updated draft interpretation guidance (the Draft Guidance) that addresses requirements and expectations for FSRA-licensed mortgage brokers, agents, brokerages and administrators...
Feb 28, 2023 | Anti-Money Laundering, Counter-Terrorist Financing, Mortgage and Real Estate Investment Vehicles, News, Regulatory Compliance
Registered dealers and advisers are well versed in the AML requirements contained in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The federal Department of Finance has recently released proposed amendments to regulations under the Act that...
Nov 30, 2022 | Events, News, Regulatory Compliance
AUM Law’s Chris Tooley will be participating as a speaker for the second year in a row at the Anti-Money Laundering and Anti-Terrorist Financing Training Session hosted by PMAC. Chris will be covering core concepts around money laundering and terrorist financing,...
Jun 30, 2022 | BLG Resource Corner
Our colleagues at BLG have written the following articles we thought might interest our readers: Fund Total Cost Reporting – Coming to Investor Statements by 2025? Cullen Commission Final Report Makes Sweeping Recommendations for Anti-Money Laundering Regulation in...
May 31, 2022 | BLG Resource Corner
Our colleagues at BLG have written the following articles we thought might interest our readers: Ontario Court Grants Anton Piller Order in Cryptocurrency Heist Immediate and Permanent Changes to Canada’s Anti-Money Laundering Laws Mind Your Spreadsheets: Tips to...
Apr 29, 2022 | FAQs, Regulatory Compliance
Answer: Most registered firms are aware of the obligation to maintain records to demonstrate compliance with securities laws and anti-money laundering requirements and have policies and procedures to address these requirements. For example, National Instrument 31-103...
Apr 29, 2022 | BLG Resource Corner
Our colleagues at BLG have written the following articles we thought might interest our readers: Coming Changes to Canada’s Anti-Money Laundering Laws Understanding the CSA’s Guidance on ESG Disclosures by Investment Funds OCA Addresses Fraudulent Transfers Under...
Feb 28, 2022 | Anti-Money Laundering, Economic Sanctions, Regulatory Compliance
As has been widely reported in the media, the Emergency Economic Measures Order under the Emergencies Act (Canada) had immediate consequences for registered firms. While the use of the Act has now ended, orders such as this one are a good reminder that firms must...
