Oct 31, 2024 | Investment Funds, Regulatory Compliance
Last month, the Ontario Securities Commission (OSC) released a report on research performed in conjunction with the Behavioral Insights Team (the BIT) into the role that artificial intelligence (AI) plays in supporting retail investor decision making. The OSC then...
Sep 27, 2024 | Regulatory Compliance
Earlier this month, the Ontario Securities Commission (OSC) released a report on research performed in conjunction with the Behavioral Insights Team (BIT) into the role that artificial intelligence (AI) plays in supporting retail investor decision making. The...
Apr 24, 2024 | Canadian Investment Regulatory Organization (CIRO), Investment Funds, Regulatory Compliance
Introduction On April 11, 2024, the Canadian Investment Regulatory Organization (CIRO) released its three-year Strategic Plan. The Strategic Plan covers the period of April 1, 2024, to March 31, 2027. CIRO’s CEO Andrew Kriegler states, “The Strategic Plan acknowledges...
Mar 28, 2024 | BLG Resource Corner
Our colleagues at BLG have provided the following insights we thought might interest our readers: Responsible use of artificial intelligence: Best practices for Canadian asset managers Updated guidance on preparing a modern slavery report in Canada Canadian Securities...
Nov 30, 2023 | Cyber-security and Data Privacy, Regulatory Compliance
This month, the Ontario Securities Commission (OSC) in collaboration with Ernst & Young LLP published its first report (the Report) on the adoption and use of artificial intelligence (AI) in Ontario’s capital markets. The Report canvasses the ways AI is currently...
Nov 30, 2023 | Investment Funds, Mortgage and Real Estate Investment Vehicles, Regulatory Compliance
On October 10, 2023, the Financial Services Regulatory Authority of Ontario (FSRA) launched a public consultation on its proposed 2024-2025 Statement of Priorities (SoP) and budget. The objective of the consultation is to obtain feedback from stakeholders, including...
May 31, 2023 | BLG Resource Corner
Our colleagues at BLG have provided the following insights we thought might interest our readers: Cyber risk management guidance for Canadian corporate directors – 2023 Update Climate-related disclosures: The Big Three’s proxy voting guidance and expectations Canada’s...
Dec 11, 2020 | Client-Focused Reforms (CFRs), Corporate Finance, Corporate Law, COVID-19, Cyber-security and Data Privacy, Mortgage and Real Estate Investment Vehicles, News, Regulatory Compliance
How do you summarize a year like no other in history? Well, the shift to a remote work environment didn’t do much to slow our regulators who, along with the Canadian asset management industry, rose to meet the multi-faceted challenges presented by the COVID-19...
Jun 30, 2020 | Cyber-security and Data Privacy, Regulatory Compliance
On June 25, the International Organization of Securities Commissions (IOSCO) published a draft report and proposed guidance (Report) regarding asset managers and market intermediaries’ use of artificial intelligence (AI), including machine learning (ML). It’s a useful...
Feb 28, 2020 | Cyber-security and Data Privacy, Regulatory Compliance
On January 28, the Office of the Privacy Commission (OPC) published its Proposals for Ensuring Appropriate Regulation of Artificial Intelligence (Consultation Paper). This work is a subset of a larger reform project focused on federal privacy laws. According to the...
