The regulators have shifted to principles-based regulation, providing an opportunity to support more meaningful interactions with clients in a less complicated way, whilst remaining informative. Regulators are increasingly leaving it to each firm to determine “how” to...
In a joint release, the Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) said crypto trading platforms, (CTPs) now need to comply with Canadian securities laws, by prioritizing their applications for registration as...
The Canadian Investment Regulatory Organization (CIRO) will be launching a new harmonized risk questionnaire. Both mutual fund dealers and investment dealers, will soon be required to complete an Annual Risk Questionnaire (ARQ). The ARQ seeks to capture material...
The Institute of Advanced Financial Planners, (IAFP) which oversees the registered financial planner (RFP) designation, has stated that it intends for members to “adopt a fiduciary standard when providing financial planning services to their clients.” The IAFP will be...
The Ontario Securities Commission (OSC) published its annual Summary Report for Dealers, Advisers and Investment Fund Managers, which provides information to help registrants comply with requirements under Ontario securities law. The report discusses important matters...
Bill C-59 introduces changes to the Competition Act. In line with international ESG disclosure standards, and the CSA Staff Notice 81-334, securities registrants should review, assess for misleading environmental benefit claims (i.e. greenwashing) and update offering...
