Information About Risk Management & Crisis Response
Recent Posts
Below is a preview of the five most recent posts from the blog Risk Management & Crisis Response. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- U.K. court dismisses unique claim against company’s directors over its climate plan
Last month, the High Court of England and Wales dismissed a unique action brought against the directors of Shell plc (Shell). Filed in February by ClientEarth, an environmental NGO based in London, the action alleged that Shell’s directors breached their fiduciary responsibilities under the U.K. Com … Read more »
- TSX introduces new standards for pricing of public offerings
On April 20, 2023, the Toronto Stock Exchange (TSX) adopted amendments [PDF] (the Amendments) to Section 606 – Prospectus Offerings of the TSX Company Manual (the Manual) which set new standards relating to the pricing of public offerings, including when the TSX will apply the private placement prov … Read more »
- Ontario Superior Court provides guidance on the bribery offence under the CFPOA
The Corruption of Foreign Public Officials Act[1] (the CFPOA) is Canada’s contribution to the international battle against foreign corruption. For that reason, its enactment in 1998 was seen as a significant development. Nonetheless, the lack of guidance historically issued relating to interpretatio … Read more »
- B.C. Supreme Court rules that firms cannot be liable for internal investigations into misconduct
Effective compliance processes can be the most successful risk management tool that businesses and their leaders have in their tool boxes. Compliance programs are expected to detect legal or regulatory shortcomings promptly and to take all necessary steps to understand their scope and magnitudes pro … Read more »
- Implementing Budget 2023: key developments for financial services providers
On April 20, 2023, the government of Canada introduced Bill C-47, The Budget Implementation Act (Bill C-47) which proposes to implement many of the federal government’s key proposals presented in its 2023 Budget (Budget 2023) [PDF]. This Update provides a summary of key legislative changes that are … Read more »