Corporate Governance Corporate Governance

FINTRAC updates guidance regarding identity verification methods permitted under amendments to anti-money laundering and anti-terrorist financing regulations

Updated FINTRAC guidance on identity verification indicates that reporting entities are expected to use software or other technological tools to...

Competition Tribunal confirms business justification is the paramount consideration in an abuse of dominance case

On October 17, 2019, the Competition Tribunal (Tribunal) rendered its decision in CT-2016-015 Commissioner of Competition v. Vancouver Airport...

OSC issues anticipated Report on the Burden Reduction Task Force

The OSC issued its Report on the work of the Burden Reduction Task Force, in which it outlined the work undertaken by the OSC and the Task Force and...

OECD releases consultation document on its Global Anti-Base Erosion Proposal

On November 8, 2019, the OECD released a public consultation document on its Pillar Two - Global Anti-Base Erosion proposal – which is the focus of...

Board and executive diversity remains a focus for regulators: CSA releases its report on women on boards and in executive officer positions

On October 2, 2019, the CSA released its fifth annual report on women on boards and in executive officer positions (the CSA Report). The CSA...

OECD proposes significant international tax changes that will impact multinationals

On October 9, 2019, the OECD released a proposal that is intended to form the basis of a new global consensus for taxing large multinational...

Health Canada releases final regulations for new classes of cannabis

Health Canada recently released the final regulations governing three new permitted classes of cannabis: edible cannabis, cannabis extracts, and...

SEC issues guidance regarding activities of proxy advisory firms

Last week, the SEC issued guidance that voting advice communications from proxy advisory firms are generally solicitations subject to SEC antifraud...

Where is Canada on climate change disclosure? More guidance; but old rules

On August 1, 2019, the CSA issued Staff Notice 51-358 Reporting of Climate Change-related Risks (the Staff Notice). We highlight key takeaways of the...