Speakers
Partner, Disputes, Toronto
Partner, Corporate, Toronto
CLE / CPD Credit Information
- Ontario – Substantive - 1.50
Responding in the shadow of the OSC’s new policy and implications for organizations’ best practices
Last July, the Ontario Securities Commission (OSC) Office of the Whistleblower will be open to receiving tips on potential non-compliance with securities legislation. This is the first program in Canada to provide financial incentives to those who report wrongdoing to a regulator. This bold new initiative could impact internal reporting systems, with whistleblowers seeking to receive cash payouts potentially as high as $5 million for reporting corporate misconduct. At the same time, the Ontario Securities Act was amended to prohibit retaliation against whistleblowers and to nullify contractual provisions which restrict individuals from making reports to the OSC.
These changes have important implications for internal whistleblower policies and practices and compliance, confidentiality clauses and agreements, securities enforcement and compliance, employment law and corporate governance.
Please join us on Tuesday, November 15 as we discuss this bold new initiative and its implications for public companies in Canada with our panel of experts, who will be joined by an experienced in-house counsel:
- Larry Ritchie, National Chair of the Risk Management and Crisis Response practice and Co-Chair of the Securities Regulatory and Broker-Dealer disputes practices, Osler
- Andrew MacDougall, National Leader of the Corporate Governance practice, Osler
- Jason Hanson, National Chair of the Labour & Employment practice, Osler
- Bassem A. Shakeel, Vice-President and Corporate Secretary, Magna
We hope you are able to join us.
