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AI Regulatory Roundup – International Developments in AI Law and Policy

May 2, 2023

An overview of recent Canadian and international developments related to the regulation of artificial intelligence technologies.

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MSBs Beware: The British Columbia Money Services Businesses Act is Around the Corner

May 1, 2023

On April 26, 2023, the Money Services Businesses Act (the “BC MSBA”) passed third reading in the Legislative Assembly of British Columbia.

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New Transparency Requirements on the Horizon for Federal Corporations: Bill C-42’s Proposed Amendments to the Canada Business Corporations Act

May 1, 2023

Bill C-42, introduced in Parliament on March 22, 2023, proposes to further increase corporate transparency and accountability.

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Pursuing Ethical Supply Chains: ESG and Human Rights Principles Incorporated in Federal Procurement Policies

May 1, 2023

Contracting Policy Notice 2023-1 makes the Code of Conduct for Procurement mandatory for all federal procurements and introduces ESG-related responsibilities.

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Ontario Seeks to Remove Barriers and Promote Inclusivity for Women on Construction Worksites

Apr 26, 2023

Ontario has taken a significant step forward to promoting the inclusion of women in the construction sector.

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Caught in the Sanctions Crossfire: Canada’s Proposed New Control Test Has Broad Repercussions on Businesses with Any Nexus to Russia

Apr 26, 2023

Proposed "deemed ownership" test under Canadian sanctions laws and convergence of AML and sanctions regulation in Canada.

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OSFI Releases Final Guideline B-10 Impacting FRFIs Engaging in Business with Third Parties

Apr 26, 2023

On April 24, 2023, the Office of the Superintendent of Financial Institutions published its final Third-Party Risk Management Guideline.

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Plan for the Ban: New Consultation Launched for Plastics Labelling Framework and Federal Plastics Registry

Apr 26, 2023

A discussion on the federal consultations on plastics labelling and registry requirements.

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The New CSE Senior Tier

Apr 26, 2023

The Canadian Securities Exchange implemented amendments that include the addition of a new Senior Tier for larger and later stage issuers.