Banking and Financial Services Banking and Financial Services

Canada signs multilateral tax agreement

Canada and 67 other jurisdictions signed the OECD’s multilateral tax convention (referred to as the multilateral instrument or “MLI”) on...

Securities and Related Investigations – Canada

We answer a wide range of questions related to the law and practice of securities investigations in Canada.

Québec Court of Appeal finds aspects of the proposed co-operative capital markets model unconstitutional

The Québec Court of Appeal has concluded that while the governance framework for the co-operative capital markets regulatory regime is...

PPSA debtor notices: The notice may not be in the mail

The effect of the amendment is to allow the debtor to waive the requirement in the PPSA for a secured party to provide a copy of a verification...

New IOSCO Standard Likely to Yield Increased International Enforcement Cooperation and Integration

It is trite to say that capital markets know no borders. Increasingly, this reality is prompting capital markets regulators and enforcers around the...

Shareholders divided on proxy access

A shareholder proposal requesting that the board of directors take steps to adopt a “proxy access” by-law was considered at the annual meetings...

European Union bail-in rules: Implications for Canadian lenders and borrowers

The European Bank Recovery and Resolution Directive 2014/59 came into force on January 1, 2016. Osler partner Joyce Bernasek outlines the key...

Charges Laid for $1 Billion Investment Fraud – Although Red Flags Existed for Years

Hedge fund founder Mark Nordlicht was charged last December by both the US Department of Justice (DOJ) and the Securities and Exchange Commission...

Divisional Court Upholds Significant OSC Insider Trading Case

Recently, we provided a brief update on the release of the Finkelstein v. Ontario (Securities Commission) appeal decision (update available here),...