INTRODUCTION -
As most Canadians are aware, the federal government released its 2021 budget - Budget 2021: A Recovery Plan for Jobs, Growth and Resilience on April 19, 2021 (Budget). This bulletin will summarize the...more
Le gouvernement du Canada a apporté plusieurs modifications récentes aux lois canadiennes sur les sanctions afin d’imposer de nouvelles sanctions contre la République populaire de Chine (la « Chine ») et de désigner d’autres...more
The Government of Canada has made several recent changes to Canadian sanctions legislation to impose new sanctions against the People’s Republic of China (China) and designate additional individuals and entities under...more
Canada, like other major jurisdictions, has a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations. Given that Canada is in many ways a...more
4/8/2021
/ Asset Freeze ,
Canada ,
Economic Sanctions ,
Exports ,
Financial Institutions ,
Imports ,
Money Laundering ,
OSFI ,
Popular ,
Reporting Requirements ,
Trade Restrictions
L’année 2020 a été dominée par un seul événement mondial : la pandémie de COVID-19. La législation et les lignes directrices en matière de réglementation qui s’appliquent aux institutions financières fédérales (les « IFF »)...more
2020 was dominated by a single global event: the COVID-19 pandemic. Regulatory guidance and legislation affecting federally regulated financial institutions (FRFIs) in Canada were no exception. Governments and regulators...more
Le Canada, comme d’autres grands pays, dispose d’une vaste gamme de sanctions économiques et financières à l’égard d’États étrangers et de leurs ressortissants, de même que de diverses organisations terroristes.
Puisqu’à...more
Affaires mondiales Canada et le Service des délégués commerciaux du Canada ont publié récemment un avis destiné aux entreprises canadiennes qui sont actives à l’étranger ou qui entretiennent des liens au Xinjiang, en Chine...more
Canada, like other major jurisdictions, has a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations.
Given that Canada is in many ways a...more
1/26/2021
/ Asset Freeze ,
Canada ,
Economic Sanctions ,
Exports ,
Financial Institutions ,
Foreign Jurisdictions ,
Imports ,
Money Laundering ,
OSFI ,
Popular ,
Trade Restrictions
Global Affairs Canada and the Canadian Trade Commissioner Service recently issued an advisory to Canadian companies active abroad or with ties to Xinjiang, China (Advisory). The Advisory was issued in coordination with a...more
Comme un peu partout ailleurs, le Canada possède lui aussi des lois visant la restitution de biens non réclamés à leurs propriétaires légitimes. Lorsque les efforts pour retrouver ces propriétaires échouent, ces lois...more
Like many jurisdictions, Canada has laws that aim to connect unclaimed property with their rightful owners, and where those efforts are unsuccessful, to deliver the property to a government authority. Given the broad reach of...more
Le 27 octobre 2020, le Bureau du surintendant des institutions financières (« BSIF »), soit l’organisme de réglementation des institutions financières fédérales du Canada, a lancé une consultation publique sur le nouveau...more
On October 27, 2020, the Office of the Superintendent of Financial Institutions (OSFI), Canada’s federal financial institutions regulator, launched a public consultation on new Draft Guideline E-4: Foreign Entities Operating...more
Le 14 octobre 2020, le gouvernement du Canada a ajouté 31 noms à la liste des personnes visées par des sanctions aux termes du Règlement sur les mesures économiques spéciales visant le Bélarus (le « Règlement visant le...more
On October 14, 2020, the Government of Canada added an additional 31 names to the list of sanctioned individuals under the Special Economic Measures (Belarus) Regulations (Belarus Regulations) made under the Special Economic...more
Canada, like other major jurisdictions, has a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations.
Given that Canada is in many ways a...more
Le 29 septembre 2020, le gouvernement du Canada a imposé des sanctions en vertu de la Loi sur les mesures économiques spéciales (la « LMES ») à des responsables du gouvernement du Bélarus relativement aux élections...more
On September 29, 2020, the Government of Canada imposed sanctions under the Special Economic Measures Act (SEMA) against officials of the Government of Belarus, in connection with Belarusian presidential elections on August...more
Le Canada, comme d’autres grands pays, dispose d’une vaste gamme de sanctions économiques et financières à l’égard d’États étrangers et de leurs ressortissants, de même que de diverses organisations terroristes....more
Canada, like other major jurisdictions, has a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations.
Given that Canada is in many ways a...more
Le 11 juin 2020, le Bureau du surintendant des institutions financières (le « BSIF ») a mis à jour sa FAQ relative à la COVID-19 afin d’aborder la restriction sur l’augmentation des dividendes applicable aux institutions de...more
On June 11, 2020, the Office of the Superintendent of Financial Institutions (OSFI) updated its COVID-19 FAQs to address the dividend increase restriction applicable to federally regulated deposit-taking institutions and...more
On May 1, 2020, the Office of the Superintendent of Financial Institutions (OSFI), Canada’s prudential banking regulator, issued guidance on the use of internal capital buffers by small and medium-sized banks (SMS Banks) and...more
On April 9, 2020, the Office of the Superintendent of Financial Institutions (OSFI) announced further measures to support the financial and operational resilience of Canada’s federally regulated financial institutions as they...more