European Union bail-in rules: Implications for Canadian lenders and borrowers

The European Bank Recovery and Resolution Directive 2014/59 came into force on January 1, 2016. Osler partner Joyce Bernasek outlines the key...

DOJ announces extension for its FCPA cooperation pilot program

White collar law enforcers and regulators rely heavily on tips and voluntary reporting to enhance their enforcement capabilities. As discussed...

You’ll just have to settle for less — SEC shortens settlement window to T+2

On March 22, 2017, the U.S. Securities and Exchange Commission amended its rules under the Securities Exchange Act of 1934 to shorten the standard...

Canada’s 2017 Budget – Regulatory implications for Canada’s financial sector

Canada’s Finance Minister Bill Morneau delivered the government’s 2017 federal budget on March 22, 2017.  For financial institutions...

New international commercial arbitration regime takes effect in Ontario

On March 22, 2017, a new international commercial arbitration act for Ontario came into force. The International Commercial Arbitration Act, 2017...

Canada’s NAFTA arbitration victory is a win for sovereignty and fair trade

President Trump beat up on NAFTA to secure votes in the US election. Now that he is President, he has put the trade agreement on the chopping block,...

Court of Appeal upholds decision to put the brakes on the preferability of class actions

In upholding a decision of the Supreme Court of British Columbia denying certification, the British Columbia Court of Appeal in Vaugeois v. Budget...

Ellis v Pelley Estate: Newfoundland Court of Appeal clarifies the test for reinstatement under the new Court of Appeal Rules

In Ellis v Pelley Estate, the Newfoundland Court of Appeal clarified the test for reinstatement of an appeal under the new Court of Appeal Rules, NLR...

Pensions and Marriage Breakdown: The “Double Dipping” Dilemma

“Double dipping” or “double recovery” refers to a situation where, on marriage breakdown, one spouse’s pension is taken...

CSA Releases Annual Enforcement Report

On February 27, 2017, the Canadian Securities Administrators (“CSA”), the umbrella organization of the Canadian provincial capital...