Risk Management and Crisis Response Risk Management and Crisis Response

CSA releases its first consolidated ‘Year in Review’

A recent Canadian Securities Administrators report tracks the progress provincial and federal regulators have made on their strategic goals. We look...

California’s new ‘Climate Accountability Package’

California’s legislature recently passed two bills that impose significant mandatory climate-related reporting requirements for large public...

Canada’s enforcement of foreign bribery is ‘exceedingly low’, find its OECD peers in Phase 4 monitoring report

The OECD’s Stage 4 monitoring report published last week regarding Canada’s anti-corruption enforcement finds that Canada has not done...

ISED’s Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems

The federal government has announced a voluntary code of conduct intended to commit creators of advanced generative systems to take steps to identify...

Ontario Superior Court rules on fair value in Baffinland dissent decision

In a recent decision, the Ontario Superior Court of Justice (Commercial List) found that the price at which a takeover bid process was ultimately...

Amendments to British Columbia’s Securities Act grant BCSC new powers

On July 17, 2023, legislative amendments to British Columbia’s Securities Act, targeted at “modernizing” the statute and improving...

Streamlining enforcement of minor infractions: the British Columbia Securities Commission’s ‘traffic ticket’ style mechanism

On April 26, 2023, the B.C. Securities Commission introduced its newest mechanism for levying administrative monetary penalties without a hearing for...

CIRO outlines first steps in bulletin on priorities for FY2024

Having closed the transaction which saw the amalgamation of Canada’s two self-regulatory organizations effective January 1, 2023, the Canadian...

SEC’s new mandatory cybersecurity disclosure rules and implications for Canadian issuers

Late last month, the United States Securities and Exchange Commission adopted final rules requiring disclosure by public companies of cybersecurity...

The ‘polluter pays’ principle: Proposed amendments to the Environmental Management Act may usher in a new era for B.C. industrial companies

The B.C. government is proposing amendments to its Environmental Management Act that will require industrial companies to pay for a significant scale...