Risk Management and Crisis Response Blog Risk Management and Crisis Response Blog

Regulators forced to respond to GameStop Corp.’s historic yo-yo

Wall Street has been in a state of disorder in recent weeks as the share price of brick and mortar retailer GameStop Corp. (“GameStop”)...

FSRA streamlines fair treatment of customers approach for insurance industry

Governments and financial regulators appear to be continuing their efforts to reduce overlapping, duplicative regulatory requirements on those they...

Impact on Canadian companies: U.S. Anti-Money Laundering Reform Establishes beneficial ownership registry and strengthens subpoenas

In the waning days of 2020, many Canadians watched the political events unfolding in the United States, including  Congress’s first and...

Ontario Court of Appeal applies “anti-SLAPP” framework to dismiss negligence claim

The Court of Appeal for Ontario has just released a pair of noteworthy decisions on Ontario’s anti-SLAPP legislation.They...

U.S. authorities release guidance on potential sanction violations for facilitating ransomware payments

Increasingly, companies may find themselves at the mercy of cyber-pirates and other hackers who, through improper means, seize control of information...

OSC-FINTRAC MOU for information sharing

On December 3, 2020 the Ontario Securities Commission (OSC) and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced that...

Jurisdiction and tolling agreements with the SEC: Watching the Fowler Case through Canadian eyes

Regulatory investigations can be time consuming. Uncertainty surrounding ultimate outcomes is disruptive to the personal and business decision-making...

OSC seeks input on priorities for 2021-2022

The Ontario Securities Commission (“OSC”) recently issued its 2021-2022 Draft Statement of Priorities for comment (the “Draft...

Ontario Securities Commission awards over half a million dollars to three whistleblowers

Following a trend of rising whistleblower tips and awards, the Ontario Securities Commission (the “OSC”) recently sent another strong...