Risk Management and Crisis Response Blog

OSC publishes report on AI in the capital markets

Like elsewhere in the economy, alternative intelligence technologies offer both potential benefits and significant risks to capital markets...

UN Special Rapporteur raises concerns about Canada’s current approach to human rights due diligence for Canadian companies: What can businesses expect moving forward?

Canada’s record of white-collar crime enforcement remains the subject of criticism domestically and internationally.

World Bank debarment of engineering consulting firm underscores importance of compliance in public procurement

The recent World Bank debarment of an engineering consulting firm for misrepresentations in bid documents underscores the need for compliance...

California’s new ‘Climate Accountability Package’

California’s legislature recently passed two bills that impose significant mandatory climate-related reporting requirements for large public...

Canada’s enforcement of foreign bribery is ‘exceedingly low’, find its OECD peers in Phase 4 monitoring report

The OECD’s Stage 4 monitoring report published last week regarding Canada’s anti-corruption enforcement finds that Canada has not done...

Amendments to British Columbia’s Securities Act grant BCSC new powers

On July 17, 2023, legislative amendments to British Columbia’s Securities Act, targeted at “modernizing” the statute and improving...

Streamlining enforcement of minor infractions: The British Columbia Securities Commission’s ‘traffic ticket’ style mechanism

On April 26, 2023, the B.C. Securities Commission (the BCSC) introduced its newest mechanism for levying administrative monetary penalties without a...

CIRO outlines first steps in bulletin on priorities for FY2024

Having closed the transaction which saw the amalgamation of Canada’s two self-regulatory organizations effective January 1, 2023, the Canadian...

The state of corporate climate litigation

The 2023 Global Climate Change Litigation Report indicates that, between July 2020 and December 2022, there were 630 climate change...

SEC’s new mandatory cybersecurity disclosure rules and implications for Canadian issuers

On July 26, 2023, the United States Securities and Exchange Commission (SEC) adopted final rules requiring disclosure by public companies...