Information About Risk Management & Crisis Response
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!
- Ontario establishes a Serious Fraud Office
At the end of August the Government of Ontario launched a new organization tasked with investigating and prosecuting complex white-collar crime. The Serious Fraud Office (the Ontario SFO) follows in the footsteps of similar structures in the UK and the United States, by creating a combined taskforce … Read more »
- Deviating from Whistleblower Programs may have more risk than payoff
Background The whistleblower at the heart of the multi-billion dollar Madoff fraud has set his sights on a new target; General Electric Co. Harry Markopolos is the whistleblowing analyst who was flung to fame after the U.S. Securities and Exchange Commission (“SEC”) ignored his warnings about Bernie … Read more »
- SFO issues new guidance on corporate cooperation
On August 6, 2019, the U.K.’s Serious Fraud Office (the SFO) – the U.K’s primary enforcement authority for economic crimes – released new guidance detailing actions companies should take while cooperating with agency investigations. With the recent implementation of a Deferred Prosecution Agreement … Read more »
- OSC Burden Reduction Initiative – Focusing on ‘Principles’ for more responsive and effective regulation
This is the fourth in a series of blog posts examining the Ontario Securities Commission’s (“OSC”) Burden Reduction Initiative. Click here to read the first post which summarized the OSC’s three roundtables held in spring 2019, here to read the second post which focused on the differences between pr … Read more »
- When does “good faith” limit a company’s choices?
In 2014, the Supreme Court released its ground-breaking decision to recognize a common law duty of good faith in the performance of contracts in Bhasin v Hrynew. Five years later, the Court has granted leave to appeal in two cases that will give the Court the chance to revisit or reinforce the commo … Read more »