Ontario’s Finance ministry has launched a consultation on proposed changes to the set up and operation of managing general agencies, (MGAs). The changes aim to boost consumer protection and create minimum licensing standards for MGAs. The Financial Services Regulatory...
The Canadian Securities Administrators (CSA) published its annual Year in Review, which covers the CSA’s progress made between July 1, 2023, and June 30, 2024, toward the strategic goals outlined in the 2022-2025 Business Plan. In addition to ongoing policy work, this...
With top companies committing to net-zero emissions targets to national and international bodies crafting standards and regulations, reporting on environmental, social, and governance (ESG) topics is quickly becoming a norm of doing business. Industry watchers say...
The Canadian Investment Regulatory Organization (CIRO) released its 2023-2024 Enforcement Report. The report emphasizes CIRO’s efforts to protect investors, enhance standards, and strengthen market integrity through fair, timely, and effective enforcement...
The Ontario Securities Commission (OSC) is seeking feedback on a proposed new process for routine distribution of disgorged funds collected in enforcement proceedings, to investors who suffered losses as a direct result of securities misconduct. Submit all comments in...
The Canadian Investment Regulatory Organization (CIRO) published proposed amendments to its proficiency rules for investment dealer Approved Persons. CIRO is planning a shift to an exam-based approach to industry proficiency, along with mandatory conduct/ethics...
