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Below is a preview of the five most recent posts from the blog TechLex. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Bill 64 Committee Report Adopted by Québec National Assembly
On September 16, 2021, the Quebec National Assembly adopted the report of the Committee on Institutions (the “Committee”) on the Act to Modernize Legislative Provisions respecting the Protection of Personal Information (“Bill 64”) with its amendments. The Quebec government tabled the Committee repor … Read more »
- Committee review completed for Bill 64: A step closer to a major reform of Quebec's personal information protection regime
The Québec government’s Act to Modernize Legislative Provisions respecting the Protection of Personal Information (“Bill 64” or the “Bill”) completed its parliamentary committee review phase on August 24, 2021. Bill 64 was first introduced by the Government of Quebec in the National Assembly on June … Read more »
- Federal Financial Consumer Protection Framework – We Are (almost) There!
The long awaited Financial Consumer Protection Framework Regulations (the “Regulations”) supporting the Financial Consumer Protection Framework (the “FCPF” or “New Framework”) were released in the Canada Gazette on August 8, 2021 and will come into force on June 30, 2022 (for more on FCPF, refer to … Read more »
- OSFI Advisory tightens technology and cyber security incident reporting requirements
The Office of the Superintendent of Financial Institutions (OSFI) just released updated requirements governing how federally regulated financial institutions (FRFIs) should disclose and report technology and cyber security incidents to OSFI. The Advisory, which affects federally regulated banks, ins … Read more »
- Market Conduct Update: FinCoNet Issues Report On Product Governance and Culture
In July, the International Financial Consumer Protection Organisation (“FinCoNet”) issued its long-awaited report, Financial Product Governance and Culture (the “Report”). The 99 page Report provides an overview of policy developments and oversight tools used by participating jurisdictions and draws … Read more »