Risk Management and Crisis Response Risk Management and Crisis Response

A tempest of change: impact of climate-related litigation and regulation

It was a year of significant change for climate-related litigation and regulation in 2023. The volume of climate litigation increased significantly...

CSA and CIRO review comments but come to no conclusion (yet) on short selling regulatory regime

The Canadian Securities Administrators and the Canadian Investment Regulatory Organization have released stakeholder comments and responses solicited...

Recent criticism of corruption enforcement and calls for a ‘failure to prevent’ offence in Canada

Following similar criticism from the OECD, a recent Transparency International Canada white paper highlights shortcomings in Canada’s...

Abuse of process revisited? British Columbia Court of Appeal grants leave application from ruling of British Columbia Securities Commission

The British Columbia Court of Appeal will hear a case that raises important questions concerning how persons subject to prosecution by administrative...

B.C. Securities Commission program offers monetary awards for whistleblowing

The British Columbia Securities Commission has introduced a new Whistleblower Program to incentivize future whistleblowers to come forward by...

Widening the lanes? Supreme Court of Canada weighs in on the territorial reach of Québec’s securities regulatory tribunal

On November 17, the Supreme Court of Canada directly addressed for the first time the question of whether provincial administrative tribunals have...

CSA releases its first consolidated ‘Year in Review’

A recent Canadian Securities Administrators report tracks the progress provincial and federal regulators have made on their strategic goals. We look...

California’s new ‘Climate Accountability Package’

California’s legislature recently passed two bills that impose significant mandatory climate-related reporting requirements for large public...

Canada’s enforcement of foreign bribery is ‘exceedingly low’, find its OECD peers in Phase 4 monitoring report

The OECD’s Stage 4 monitoring report published last week regarding Canada’s anti-corruption enforcement finds that Canada has not done...

ISED’s Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems

The federal government has announced a voluntary code of conduct intended to commit creators of advanced generative systems to take steps to identify...