Information About Canadian Securities Regulatory Monitor
Below is a preview of the five most recent posts from the blog Canadian Securities Regulatory Monitor. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Biden-Harris Administration Releases Roadmap for Climate-Resilient Economy: Here’s what you need to know
On October 14, 2021, United States President Joe Biden’s administration released “A Roadmap to Build a Climate-Resilient Economy” (the “Report”). The Report was prepared pursuant to Executive Order 14030 (U.S. Climate-Related Financial Risk) (“E.O. 14030”), which was signed by President Biden on May … Read more »
- New Mandatory Climate Related Disclosure Rule is on the Horizon: The CSA seeks comments on proposed instrument
On October 18, 2021, the Canadian Securities Administrators (“CSA”) published for comment Proposed National Instrument 51‑107 ‑ Disclosure of Climate‑Related Matters (the “Proposed Instrument”) and its companion policy (“CP”). The Proposed Instrument would introduce climate‑related disclosure requir … Read more »
- IIROC Publishes Consultation Paper on Phase II of its Proficiency Project
The Investment Industry Regulatory Organization of Canada (IIROC) has published for comment a consultation paper detailing competency profiles for Directors, Executives, Ultimate Designated Persons, Chief Compliance Officers and Chief Financial Officers. Comments are due by December 29, 2021. Profic … Read more »
- The SEC is developing a mandatory climate risk disclosure rule proposal – what does it mean for Canadian firms?
On July 28, 2021, Gary Gensler, the Chair of the United States Securities and Exchange Commission (the “SEC”) announced that he had asked SEC staff to develop a mandatory climate risk disclosure rule proposal for public reporting issuers (the “Proposal”). This announcement was made during the SEC Ch … Read more »
- IIROC Issues New Guidance on Reporting Material Changes to Dealer Business Activities
The Investment Industry Regulatory Organization of Canada (IIROC) recently published new guidance (New Guidance) on how dealer member firms should report material changes to their business activities. The New Guidance replaces IIROC’s 2010 guidance on material change reporting and provides more deta … Read more »