Risk Management and Crisis Response Blog Risk Management and Crisis Response Blog

The AMF must conduct its investigations with ‘rigour, diligence and celerity’

These are the words of the Tribunal administratif des marchés financiers, when it reminded the Autorité des marchés financiers that a freeze order...

New emergency measures: implications for financial services providers

In response to the ongoing blockades and protests against pandemic restrictions, on February 14, 2022, the federal government invoked the Emergencies...

U.S. court ruling challenges SEC’s circumstantial insider trading evidence

A recent decision in Virginia signals the importance of the evidentiary burden in insider trading cases and could have implications for enforcement...

Ontario Capital Markets Modernization Taskforce elicits potential enforcement changes in proposed Capital Markets Act

The draft of Ontario’s proposed Capital Markets Act includes several recommendations designed to modernize and enhance the OSC’s...

Tools of the trade: OSC criminal and quasi-criminal charges result in jail terms for convicted securities fraudsters

With several tools at their disposal, Canadian securities regulators are showing their willingness to safeguard their capital markets however they...

CFTC announces record-breaking whistleblower award: Does it raise the bar for incentivizing whistleblowing?

The U.S. Commodity Futures Trading Commission recently announced the largest payout ever given to a single whistleblower under the Dodd-Frank Program...

Move towards stablecoin regulation picks up pace in U.S.

The move to regulate stablecoins is picking up in the United States. Osler’s Lawrence Ritchie, Lori Stein and Simon Cameron look at how the...

The pursuit of protection and deterrence: the OSC finds MFDA panel erred in failing to impose a fine

Last month, the Ontario Securities Commission ruled that a decision of the self-regulating Mutual Fund Dealers Association of Canada regarding...

Fidelity approved as first IIROC member to offer crypto trading and custody to institutional clients

On November 16, Fidelity Clearing Canada received regulatory approval from the Canadian Securities Administrators to become the first IIROC member to...

Climate change from the corporate perspective: the CSA’s proposed climate-related disclosure requirements

Amid increasing focus on companies’ environmental, social and governance (ESG) impacts, the Canadian Securities Administrators have proposed a...