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Advisory Committee on Open Banking releases Final Report

On August 4, 2021, the Advisory Committee on Open Banking (the Committee) released its Final Report, which includes 34 recommendations for the...

Federal pay equity comes into force August 31

The Canadian government has announced that the Pay Equity Act will come into force on August 31, 2021. The purpose of the Act is to redress systemic...

CSA releases Annual Enforcement Report for fiscal year 2020/2021

On June 22, 2021, the Canadian Securities Administrators (the CSA) released their annual Enforcement Report for the 2020/2021 fiscal...

World Bank debars three companies in effort to promote higher integrity standards

The World Bank recently debarred three companies for alleged corrupt conduct. Osler’s Stéphane Eljarrat, Malcolm Aboud, Sarah Firestone and...

Global financial crime compliance costs are trending upwards. Is Canada catching up?

A new report shows the costs of global financial crime compliance skyrocketed in the last year. In their blog post, Lawrence Ritchie, Sonja Pavic and...

Ontario Superior Court dismisses $4.5B negligence claim against TD Bank related to fraudulent Ponzi scheme

Osler’s Shawn Irving, Frédéric Plamondon and Sarah Firestone comment in their latest blog post on the Ontario Superior Court of...

Perspectives on class action proceedings reform in Québec

In their blog, Osler’s Jessica Harding, Frederic Plamondon, Céline Legendre and Eric Préfontaine comment on the Québec Ministry of...

SEC to revisit proxy advisory firm rules

In their blog, Osler’s Andrew MacDougall and Min Oh comment on the direction that was given to U.S. Securities and Exchange Commission staff to...

New Canadian foreign investment promotion and protection model expands responsible business conduct provisions

On May 13, 2021, Global Affairs Canada released the 2021 Model FIPA, a model agreement which will serve as the basis for future foreign investment...

U.S. moves closer to specific insider trading legislation

Efforts in the United States to more effectively combat insider trading took a step forward recently when the United States House of Representatives...