Financial Services Financial Services

Aggressive enforcement by securities regulators continues

A recent decision of the Supreme Court of British Columbia granted a Mareva injunction, freezing the assets of the defendant. The required...

Department of Finance proposes significant changes to federal financial institutions legislation and Criminal Code

The Department of Finance launched the third phrase of its review of the legislation governing Canada’s financial institutions.

Q3 2024 Economic Update with Stephen Poloz

Despite recent interest rate cuts, softening job numbers have many questioning whether the Canadian economy is slowing toward a recession.

Securities and Exchange Commission approval of Ether ETFs

The U.S. Securities and Exchange Commission has approved a proposed rule change allowing major exchanges to list Ethereum exchange-traded funds.

Incoming changes to consumer protection legislation in Ontario, New Brunswick and Newfoundland and Labrador

Ontario, New Brunswick and Newfoundland and Labrador have introduced new legislation to overhaul their respective consumer protection regimes. This...

Incoming changes to consumer protection laws: implications for financial service providers

Ontario, New Brunswick and Newfoundland and Labrador have introduced new legislation to overhaul their respective consumer protection regimes,...

AccessPrivacy Monthly Call: Legislative Reform in the Canadian Privacy and Data Arena

In this month’s webinar, Adam Kardash is joined by Partners and Special Counsel from Osler's Privacy and Data...

OSFI to finalize risk management guidance covering the use of AI and machine learning within models

The OSFI is releasing an updated guidance on model risk management for financial institutions.

Are you a payment service provider? You may be subject to the new Retail Payment Activities Act

The Retail Payment Activities Act (RPAA) establishes a general supervisory framework for the regulation of payment service providers (PSPs). Under...

The impact of IFRS 16 on bond and loan covenants — five years out

A little more than five years ago, IFRS 16 Leases took effect and rewrote the accounting rules for classifying leases and lease payments in financial...