News & Analysis as of

Canada Financial Services Industry Cybersecurity

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Winter 2024

The oversight obligations of boards continue to expand. Recent enforcement actions and new laws in areas such as cybersecurity, artificial intelligence and supply chains create new challenges for boards, as we explain in this...more

American Conference Institute (ACI)

[Event] 29th Annual Flagship Conference on Regulatory Compliance for Financial Institutions - November 21st - 22nd, Toronto, ON,...

Don’t miss the opportunity to gain valuable insights from industry experts at Canadian Institute’s Annual Flagship Conference on Regulatory Compliance for Financial Institutions. This event will equip you with strategies to...more

American Conference Institute (ACI)

[Event] 22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime - June 7th - 8th, Toronto, Ontario, Canada

AML compliance for reporting entities has never been of greater critical importance than it is today. With the growing sophistication of criminals and the methods and technologies that they employed, combined with the...more

Blake, Cassels & Graydon LLP

L’Autorité ontarienne de réglementation des services financiers adopte une directive de cybersécurité

Le 18 août 2022, l’Autorité ontarienne de réglementation des services financiers (l’« ARSF ») – l’organisme de réglementation du secteur des services financiers de l’Ontario – a adopté la directive de cybersécurité du Conseil...more

Blake, Cassels & Graydon LLP

Financial Services Regulatory Authority of Ontario Adopts Cybersecurity Guidance

On August 18, 2022, the Financial Services Regulatory Authority of Ontario (FSRA) – Ontario’s financial sector regulator – adopted the Mortgage Broker Regulators' Council of Canada's Cybersecurity Guidance (Guidance). The...more

Bennett Jones LLP

Proposed Revisions to Guideline B-10 Would Affect Outsourcing by Financial Institutions to Fintechs

Bennett Jones LLP on

​​​​​​​Fintechs and other entities that contract with federally regulated financial institutions (FRFIs) should be aware of the possibility of more stringent requirements regarding risk management in their commercial...more

Moore & Van Allen PLLC

Capital One Reaches $190 Million Settlement In Connection with 2019 Data Breach

Moore & Van Allen PLLC on

The saga of the Capital One data breach, which impacted an estimated 106 million individuals in the U.S. and Canada, may soon be coming to an end. After more than two years of litigation, the parties have reached a settlement...more

Bennett Jones LLP

OSFI Cybersecurity Guidance and Notification Requirements

Bennett Jones LLP on

OSFI, the Canadian Federal Office of the Superintendent of Financial Institutions, on August 13, 2021, issued new guidance on Technology and Cyber Security Incident Reporting, replacing prior guidance of March 2019....more

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