Jun 30, 2023 | Canadian Investment Regulatory Organization (CIRO), Investment Funds, Regulatory Compliance
On June 13, the Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR), with the participation of the Canadian Investment Regulatory Organization (CIRO), discussed the formation of an implementation committee for the new total...
Jun 30, 2023 | Regulatory Compliance
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 addressing conflict of interest concerns in the Canadian investment industry. On June 1, the Canadian Securities Administrators...
Sep 27, 2022 | Investment Funds, Regulatory Compliance
The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) are consulting on concerns they have regarding upfront commissions used in the sale of segregated funds and individual variable insurance contracts...
May 31, 2022 | Investment Funds, Regulatory Compliance
As noted in our April bulletin, the Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR) released proposed amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI...
Apr 29, 2022 | Investment Funds, Regulatory Compliance
In our November bulletin we wrote about the Ontario Securities Commission (OSC) draft Statement of Priorities (SoP), which helps inform its business planning for the year ended March 21, 2023. The 2022-2023 SoP has now been finalized, setting out the OSC’s four...
Feb 28, 2022 | Investment Funds, Regulatory Compliance
As the next group of products under scrutiny by various regulators, insurers and intermediaries should be aware of proposed guidance recently released by The Canadian Counsel of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations...
