Québec’s Autorité des marchés financiers (AMF) has issued draft guidelines on Artificial Intelligence (AI) risk management for financial institutions. Requirements include maintaining a central AI directory, regular risk assessments, customer consent for data use, and...
As of July 1, 2025, the Ontario Securities Commission (OSC) can now electronically serve enforcement summonses, a move aligned with a 2021 recommendation by the Capital Markets Modernization Taskforce. This change comes as part of broader legislative updates to...
Effective July 1, 2025, new Quebec legislation governing complaint handling came into force. This legislation applies to CIRO Dealers operating in Quebec and establishes new obligations regarding the treatment and resolution of client complaints. To support...
The Canadian Investor Protection Fund (CIPF) has announced the release of its 2024 Annual Report, marking a significant milestone with the completion of its first post-merger 3-Year Strategic Plan. The report outlines progress made, strategic initiatives undertaken,...
The Canadian Securities Administrators (CSA) have released proposed amendments that would prohibit the use of chargebacks in the distribution of investment funds offered by prospectus. These proposed changes are currently open for public comment, during a 90-day...
The Canadian Securities Administrators (CSA) has released its 2025–2028 Business Plan, outlining strategic priorities. Key focus areas include combating online investment fraud, strengthening oversight of crypto assets, and adapting to emerging technologies. The...
