Aug 9, 2023 | Client-Focused Reforms (CFRs), Cyber-security and Data Privacy, Investment Funds, Mortgage and Real Estate Investment Vehicles, Regulatory Compliance
On July 27, 2023, the Ontario Securities Commission (OSC) released its annual report outlining the work staff conducted in 2022/23 (to date). The report has four parts, outlining the OSC’s (i) education and outreach to registrants; (ii) regulatory oversight activities...
May 31, 2023 | Investment Funds, Regulatory Compliance
In 2021, the Autorité des marchés financiers (AMF) released its 2021-2025 Strategic Plan, which declared the AMF’s four key guiding principles (called orientations in the plan) that will inform its decisions and actions for the four-year period. On April 27, 2023, the...
May 31, 2023 | Client-Focused Reforms (CFRs), Regulatory Compliance
As we approach the end of the second quarter, it is a good time for registered firms to reflect on whether they have completed appropriate training for employees. Under National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations...
Apr 28, 2023 | Investment Funds, Regulatory Compliance
On an annual basis, the Ontario Securities Commission (OSC) delivers a multi-year business plan addressed to the Minister of Finance, which among other items, includes the OSC’s Statement of Priorities (SoP), which the OSC undertakes as its goals and priorities for...
Apr 28, 2023 | Regulatory Compliance
The Financial Services Regulatory Authority of Ontario (FSRA) receives advice from a consumer perspective from the Consumer Advisory Panel (CAP). In April, CAP released a report on its activities for the year ended December 31, 2022, which may be of interest to those...
Nov 30, 2022 | Regulatory Compliance
The Ontario Securities Commission (OSC) has released its most recent draft statement of priorities (SoP) in OSC Notice 11-797 – Request for Comments Regarding Statement of Priorities for Financial Year to End March 31, 2024. The draft SoP is open for comment until...
Oct 31, 2022 | Investment Funds, Regulatory Compliance
On October 17, 2022, the Ontario Securities Commission (OSC) published its 2021-2022 Annual Report – Responding to Change; Preparing for the Future (the Report), along with its financial statements for the year ended March 31, 2022, and the accompanying...
Oct 31, 2022 | Investment Funds, Regulatory Compliance
On October 13, 2022, the Financial Services Regulatory Authority of Ontario (FSRA) launched a public consultation on its proposed 2023-2024 statement of priorities and recommended financial plan (the Statement of Priorities). FSRA’s proposed priorities continue to...
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...
Nov 30, 2021 | Client-Focused Reforms (CFRs), Featured, Investment Funds, Regulatory Compliance
In this bulletin: Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants Déjà vu – Titles, Titles and More Titles – Proposed Amendments to Draft FSRA Guidance In Brief: FSRA Consults on Consumer Advisory Panel ▪ Independent Evaluation of OBSI ▪...
