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Canada British Columbia Securities Commission (BCSC)

Stikeman Elliott LLP

Setting the Stage: CSA Prepare for Canada’s Business Conduct Regime for OTC Derivatives Dealers and Advisers

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The Canadian Securities Administrators (“CSA”) have released a few updates this summer regarding National Instrument 93-101 Derivatives: Business Conduct and its companion policy (collectively, the “Business Conduct Rule”)....more

Stikeman Elliott LLP

BCSC Provides New Guidance on “Acting Jointly or in Concert” for Proxy Contests

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In its recent decision in NorthWest Copper Corp., 2023 BCSECCOM 602, the British Columbia Securities Commission (“BCSC”) provided new guidance on the interpretation of “acting jointly or in concert” in the context of a proxy...more

Cozen O'Connor

BCSC Guidance on Joint Actors in Proxy Contests and Early Warning Disclosure Requirements

Cozen O'Connor on

On December 22, 2023, the British Columbia Securities Commission (the BCSC) rendered a decision in NorthWest Copper Corp. (Re) clarifying when parties are considered to be “acting jointly or in concert” and the appropriate...more

Stikeman Elliott LLP

Coming in 2024: Canadian Business Conduct Regime for OTC Derivatives Dealers and Advisers

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The securities regulatory authorities in all Canadian jurisdictions other than British Columbia recently published in final form Multilateral Instrument 93-101 Derivatives: Business Conduct (“MI 93-101”) and its companion...more

Cozen O'Connor

The British Columbia Securities Commission Implements a New Whistleblower Program

Cozen O'Connor on

On November 7, 2023, the British Columbia Securities Commission (the BCSC) implemented a Whistleblower Program (the BCSC Program), under BC Policy 15-604 (the Policy) to encourage individuals to voluntarily provide...more

Stikeman Elliott LLP

BCSC Launches Whistleblower Program with Financial Awards

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On November 7, 2023, the British Columbia Securities Commission (“BCSC”) launched a whistleblower program designed to provide financial awards for qualified tips about investment fraud and other serious types of market...more

Bennett Jones LLP

Mind the Gap: Regulatory Frameworks Fintech Companies Can Use Right Now

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Financial technology is changing how money changes hands, and fintech is evolving faster than the law. The rapid and recent advent of financial technology has left regulators playing catch up, with the current rules being...more

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