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Federal government tables long-awaited legislation for a corporate beneficial ownership registry

Last year’s Cullen Commission and data leaks like the Panama Papers have underscored the need for corporate transparency in the fight against...

First climate lawsuit against a commercial bank: NGOs take legal action against BNP Paribas for funding fossil-fuel development

On February 23, 2023, three NGOs – Friends of the Earth France, Notre Affaire à Tous, and Oxfam France – announced they commenced legal...

Québec Court of Appeal clarifies elements of fraud offence for corrupt conduct

The Québec Court of Appeal dismissed an appeal seeking to overturn a 2019 conviction for fraud, corruption of foreign officials and laundering...

OSC’s Whistleblower Program has awarded over $9.33 million since 2016

The Ontario Securities Commission announced that tips from whistleblowers have resulted in $48 million in sanctions and payments since introducing...

British Columbia Securities Commission levies $1.5 million in sanctions on trio of investment scammers

In December, the British Columbia Securities Commission banned three actors from the capital markets for life after defrauding investors in a battery...

Unique lawsuit against company’s directors takes aim at climate risks

U.K.–based environmental non-governmental organization ClientEarth took climate litigation to a new frontier last month when it filed a...

Ontario Court of Appeal provides corrective guidance on anti-SLAPP motions

In its recent decision in Park Lawn Corporation v. Kahu Capital Partners Ltd., the Court of Appeal for Ontario addressed the current practice around...

Retail Payment Activities Act: Draft regulations published for comment

The Department of Finance has published draft regulations under the Retail Payment Activities Act (RPPA) proposing significant and, in some cases,...

Responding to environmental incidents in a time of greater scrutiny

Recent cases in Canada have illustrated that Environment and Climate Change Canada, and other regulatory bodies, are issuing substantial penalties...

U.S. capital markets regulators crack down on recordkeeping and unapproved communication methods

The rise of alternative messaging applications poses challenges for many firms’ recordkeeping obligations. Lawrence Ritchie, Sarah...