Dans un rapport publié récemment et intitulé 360º Governance: Where Are The Directors In A World In Crisis? (en anglais seulement) (le « rapport »), Peter Dey et Sarah Kaplan se penchent sur les pratiques modernes de bonne...more
With the release of a report entitled “360º Governance: Where Are The Directors In A World In Crisis?” (Report), Peter Dey and Sarah Kaplan examine modern good governance from a practical and scholarly standpoint,...more
Le Groupe de travail sur la modernisation relative aux marchés financiers de l’Ontario (le « groupe de travail ») a récemment soumis au ministre des Finances de l’Ontario son rapport final (le « rapport »), qui modifie et...more
The Ontario Capital Markets Modernization Taskforce (Taskforce) recently delivered its final report (Report), which updates and expands on the recommendations contained in its July 2020 initial consultation report (Initial...more
En cette période de pandémie mondiale, si les questions de santé monopolisent une grande partie de notre attention, les changements climatiques n’en demeurent pas moins à l’avant-plan des enjeux avec lesquels les...more
While our attention is primarily on health issues during this global pandemic, climate change remains at the forefront of issues being addressed by governments, courts and businesses. This bulletin summarizes some of the...more
Le 9 juillet 2020, le Groupe de travail sur la modernisation relative aux marchés financiers de l’Ontario (le « groupe de travail ») a publié son rapport de consultation initial (le « rapport initial »), lequel comporte près...more
On July 9, 2020, the Ontario Capital Markets Modernization Taskforce (Taskforce) published its initial consultation report (Initial Report), which contained nearly 50 proposals aimed at modernizing the regulation of the...more
Significant amendments to the Canada Business Corporations Act (CBCA) proposed in the federal government’s omnibus budget implementation bill (Bill) would codify into statute some of the principles relating to directors’...more
On November 9, 2018, the Supreme Court of Canada (SCC) ruled that the proposed cooperative capital markets regulatory system (Cooperative System) is constitutional. The unanimous decision opens the door to a proposed...more
The Supreme Court of Canada’s recent hearing on the constitutionality of the proposed cooperative capital markets regulatory system (Cooperative System) has thrown a wrench into the implementation of the Cooperative...more
The Canadian Securities Administrators (CSA) have released CSA Consultation Paper 52-404 – Approach to Director and Audit Committee Member Independence (Consultation Paper) and are inviting comments on the current approach to...more
The rise in popularity of cryptocurrencies and the spread of cryptocurrency offerings have attracted increased attention from securities regulators in Canada and abroad. Recently, staff of the Canadian Securities...more
On May 10, 2017, the Quebec Court of Appeal ruled that the proposed cooperative capital markets regulatory system (Cooperative System) is in significant respects unconstitutional, although it ruled that the federal...more
With the recent release of proposed regulations (Regulations), the Government of Canada has put some meat on the bones of the proposed changes to the Canada Business Corporations Act (CBCA) that were contained in Bill C-25...more
The Government of Canada recently introduced Bill C-25 (Bill), titled “An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act”....more
As it officially opened its Office of the Whistleblower, the Ontario Securities Commission (OSC) also unveiled the final version of OSC Policy 15-601 – Whistleblower Program (Policy), which provides the framework for the...more
Securities regulators in Ontario and Quebec recently announced the launches of separate whistleblower programs in the two jurisdictions. While the Ontario Securities Commission’s (OSC) whistleblower program (OSC Program)...more
In the second round of public comments on the Ontario Securities Commission’s (OSC) proposed whistleblower program (Program), stakeholders expressed continued concerns that the Program, as outlined in OSC Policy 15-601...more
In the five months since the federal Liberal government took office, it has remained largely silent on the future of the cooperative capital markets regulatory system (Cooperative System), even as Alberta and Quebec maintain...more
Comments on the revised consultation draft of the provincial/territorial Capital Markets Act (CMA) and the draft initial regulations (Initial Regulations and, together with the CMA, the Consultation Drafts) for the proposed...more
3/10/2016
/ Banks ,
Board of Directors ,
Canada ,
Capital Markets ,
Capital Markets Act (CMA) ,
Derivatives ,
Due Diligence ,
Misrepresentation ,
Ontario Securities Act ,
Over The Counter Derivatives (OTC) ,
Personal Liability ,
SRO
The public comments on the Ontario Securities Commission (OSC)’s proposed whistleblower program (Program) evidence considerable concern that the Program could undermine issuers’ internal reporting and compliance programs,...more
7/9/2015
/ Anti-Retaliation Provisions ,
Canada ,
Chief Compliance Officers ,
Compliance ,
Conflicts of Interest ,
Corporate Governance ,
Corporate Officers ,
Directors ,
Incentives ,
Internal Reporting ,
Ontario Securities Commission (OSC) ,
Whistleblower Awards ,
Whistleblowers
Staff of the Ontario Securities Commission (OSC) has released for public comment a consultation paper on a proposed whistleblower program (Program), under which whistleblowers would be eligible for a financial reward of up to...more