Banking and Financial Services Banking and Financial Services

New measures adopted by Canadian Securities Administrators aim to support Canada’s capital markets competitiveness

Continued efforts are being made by Canadian securities regulators to reduce unnecessary regulatory burden and support capital raising in Canada.

Recent developments in the U.S. SEC’s proceedings against major crypto players signals pro-industry policy shift

The U.S. SEC has moved quickly to shift its stance towards the crypto industry under President Trump’s administration.

Consultation on amendments to Canada’s AML regime closes December 30

The consultation period for the proposed PCMLTFA amendments closes on December 30.

Regulation by enforcement: who pays the price?

Who should bear the costs of Ontario Securities Commission enforcement proceedings is emerging as an important issue.

Tackling ‘snow washing’: expanding Canada’s anti-money laundering regime

We explore recent regulatory developments relating to AML and AFL, as well as anticipated changes in the future.

Hurtling towards the future: regulatory development in the financial services sector

Developments in the financial services sector in 2024 are likely to have a continued impact on providers in the coming year.

Two years of CIRO: enforcement, harmonization and what’s next

The Canadian Investment Regulatory Organization’s core priorities will be enforcement and regulatory harmonization.

Department of Finance seeks consultation by December 30 on changes to Canada’s AML regime

The consultation period for the proposed new amendments closes on December 30, 2024.

Lack of commonality defeats investor class action alleging breach of fiduciary duty

An Ontario decision highlights the individual inquiries that often exist in proposed class actions involving investors and investment decisions.

Québec seeks to amend Consumer Protection Act and related regulations to increase price and credit transparency

Québec’s Bill 72, if adopted, will contribute to increased price and credit transparency.