Risk Management and Crisis Response Blog

Whistleblower Incentive Programs Continue to Gain Traction as the U.S. CFTC Announces $10-million Payout

With the Ontario Securities Commission’s new incentive-based whistleblower program now on the horizon, recent awards under comparable whistleblower...

British Columbia Case Demonstrates the Jurisdictional Reach of Provincial Securities Regulators

A recent case from the British Columbia Court of Appeal is illustrative of the power of provincial securities regulators to penalize misconduct in...

US Department of Justice Launches Pilot Program to Encourage Self-Reporting, Cooperation and Remediation of FCPA Violations

Last week the US Department of Justice (DOJ) announced the implementation of a pilot program under the US Foreign Corrupt Practices Act (FCPA). The...

IOSCO Report on Cyber Security in Securities Markets

In a climate where cyber risk is a rapidly “growing and significant threat to the integrity, efficiency and soundness of financial markets...

CSA Publishes Proposals for Proxy Vote Reconciliation

On March 31, 2016, the Canadian Securities Administrators (the “CSA”) published for comment proposed protocols with respect to proxy vote...

SEC Announces $2-Million in Whistleblower Awards

Compliance officers, in house counsel, management and board members of public companies are beginning to recognize the realities of external...

Canadian Securities Administrators Release 2015 Enforcement Report

Each year the Canadian Securities Administrators (“CSA”), an umbrella organization of Canada’s provincial and territorial securities...

Cooperative Capital Markets Regulator Releases Proposed Transition Approach

The CCMR has recently posted a summary of its proposed “Transition Approach”. This approach lays out the following transitional principles, with...

Qualcomm pays FCPA fine for hiring relatives of Chinese government officials

On the March 1, 2016, the U.S. Securities and Exchange Commission (SEC) announced that Qualcomm Incorporated (Qualcomm) had agreed to pay a $7.5...

OSC Staff Identify Compliance Issues with Insider Reporting

On February 18, 2016, the Ontario Securities Commission (OSC) staff released a report detailing their findings of a significant level of material...