Meeting FSRA’s Ongoing Licensing Suitability Requirements: What Life Insurance Agents, MGAs and Insurers Need to KnowJan 31, 2024
FSRA published proposed guidance outlining how it interprets licensing suitability requirements under the Ontario Insurance Act and its regulations.
Department of Finance Launches Consultation on Security and Integrity, Access to Banking, and Protections for Digital Financial ProductsOct 16, 2023
On October 5, 2023, the Department of Finance launched a public consultation on the statutes governing federally regulated financial institutions.
This bulletin summarizes the new details announced by OSFI on October 4, 2023, regarding its new supervisory framework for FRFIs and pension plans.
On September 6, 2023, OSFI issued a letter to industry outlining its steps to supervise emerging non-financial risks.
OSFI Calls for Stakeholder Feedback on Regulatory Capital and Liquidity Treatment of Crypto-asset ExposuresAug 1, 2023
OSFI receiving feedback from banks and insurers about the Guidelines on Regulatory Capital and Liquidity Treatment of Crypto-asset Exposures.
Government of Canada Seeks Input on Updating Canada’s Anti-Money Laundering and Terrorist Financing RegimeJun 21, 2023
The Government of Canada has launched public consultations on updating Canada's anti-money laundering and terrorist financing regime.
Finance Canada's proposed changes relating to anti-money laundering and armoured car companies, mortgage lenders, and money service businesses.
Is Your Arbitration Clause Appealing? No Appeal Available where Clause Says Dispute is “Finally Settled” by ArbitrationMay 25, 2023
The Ontario Court of Appeal considers the type of language in a dispute resolution clause which precludes the right to appeal an arbitration award.
AI in Financial Services: Joint OSFI and GRI Report Highlights Need for Safeguards and Risk Management as a Prelude to Enhanced OSFI GuidanceApr 19, 2023
This bulletin discusses the joint report released by OSFI and GRI on the ethical, legal, and financial implications of AI on financial services institutions.
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