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Canada enacts Justice for Victims of Corrupt Foreign Officials Act – Implications for compliance with Canadian anti-money laundering requirements

On October 18, 2017, the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law) (the Act) received royal assent and became...

OSFI publishes changes to its Corporate Governance Guideline – Applicable to banks, trust & loan companies and insurance companies

For corporate governance process-related matters, in addition to the legislative requirements under applicable statutes (e.g., Bank Act, Insurance...

To ban or not to ban waivers of a consumer’s right to participate in a class action? U.S. Senate vote underscores policy divide

Last week, the U.S. Senate voted to overturn a recently released Consumer Financial Protection Bureau (“CFPB”) rule that would have...

Class action risks for initial coin offerings

Discussions surrounding the legal risks of initial coin offerings (ICOs) typically focus on the risk of regulatory action for failure to comply with...

Recent developments in U.S. leveraged finance – November 2017

The fourth quarter of 2017 has given rise to at least three developments of interest to the U.S. leveraged lending community.

Ontario court refuses to certify negligence class action against underwriters

In its recent decision in LBP Holdings Ltd. v Hycroft Mining Corporation, 2017 ONSC 6342, the Ontario Superior Court of Justice dismissed a motion to...

OBSI complaint volumes on the rise

On October 30, 2017, Ombudsman for Banking Services and Investments released its first quarterly OBSI e-news publication, highlighting key...

Construction Lien Act Reform: What it means for CIQS members

The upcoming reform of the Construction Lien Act, expected to take effect in the coming months, will fundamentally alter the dynamics of the...

Ontario proposes legislation to prepare for the federal legalization of cannabis

The proposed legislation would also amend the Highway Traffic Act to address, among other matters, drug-impaired driving.

Osler National Blockchain & Investment Summit – Panel 1

Join us for an insightful webinar on the future of Blockchain-enabled venture capital investing, the functionality of initial coin offerings and the...