Risk Management and Crisis Response Risk Management and Crisis Response

Québec Court of Appeal clarifies elements of fraud offence for corrupt conduct

The Québec Court of Appeal dismissed an appeal seeking to overturn a 2019 conviction for fraud, corruption of foreign officials and laundering...

OSC’s Whistleblower Program has awarded over $9.33 million since 2016

The Ontario Securities Commission announced that tips from whistleblowers have resulted in $48 million in sanctions and payments since introducing...

British Columbia Securities Commission levies $1.5 million in sanctions on trio of investment scammers

In December, the British Columbia Securities Commission banned three actors from the capital markets for life after defrauding investors in a battery...

Unique lawsuit against company’s directors takes aim at climate risks

U.K.–based environmental non-governmental organization ClientEarth took climate litigation to a new frontier last month when it filed a...

Ontario Court of Appeal provides corrective guidance on anti-SLAPP motions

In its recent decision in Park Lawn Corporation v. Kahu Capital Partners Ltd., the Court of Appeal for Ontario addressed the current practice around...

Retail Payment Activities Act: Draft regulations published for comment

The Department of Finance has published draft regulations under the Retail Payment Activities Act (RPPA) proposing significant and, in some cases,...

U.S. capital markets regulators crack down on recordkeeping and unapproved communication methods

The rise of alternative messaging applications poses challenges for many firms’ recordkeeping obligations. Lawrence Ritchie, Sarah...

Increased scrutiny, novel measures, and higher penalties: Trends in environmental investigations, enforcement, and prosecutions

Environmental enforcement actions can result in orders or minor administrative penalties or fines. However, there is a growing trend, both federally...

Has the American judiciary closed the door on SEC administrative courts?

A decision from the Fifth Circuit Court in the United States found that the Securities and Exchange Commission’s in-house courts deprive...

Clawing it back: SEC adopts listing standards to prevent executives from benefiting from misstatements in financial statements

New rules adopted by the United States Securities and Exchange Commission introduce clawback requirements in cases where corporate executives benefit...