Risk Management and Crisis Response Risk Management and Crisis Response

IOSCO unveils consultation report on global crypto regulation

The International Organization of Securities Commission has published a consultation report which aims to address market integrity and investor...

Ontario Superior Court provides guidance on the bribery offence under the CFPOA

Enforcement proceedings under Canada’s Corruption of Foreign Public Officials Act have been relatively infrequent. A recent Ontario decision...

B.C. Supreme Court rules that firms cannot be liable for internal investigations into misconduct

An effective compliance program is one of the best risk management tools that businesses have at their disposal — but conducting an internal...

Canada’s Modern Slavery Act: what businesses need to know

Modern slavery — specifically forced labour — is a global challenge. The International Labour Organization estimates that 28...

Federal government tables long-awaited legislation for a corporate beneficial ownership registry

Last year’s Cullen Commission and data leaks like the Panama Papers have underscored the need for corporate transparency in the fight against...

First climate lawsuit against a commercial bank: NGOs take legal action against BNP Paribas for funding fossil-fuel development

On February 23, 2023, three NGOs – Friends of the Earth France, Notre Affaire à Tous, and Oxfam France – announced they commenced legal...

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...