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OSFI Canada Financial Services Industry

American Conference Institute (ACI)

[Webinar] Top 5 Game-Changing Regulatory Shifts Impacting Financial Compliance and Board Accountability - September 24th, 1:00 pm...

Don’t miss this complimentary webinar spotlighting the five most pressing regulatory developments reshaping compliance in Canada’s financial sector. From board-level liability, to shifting enforcement priorities, get up to...more

Blake, Cassels & Graydon LLP

Le BSIF publie un projet de ligne directrice sur la gestion du risque de modélisation lié à l’IA

Le Bureau du surintendant des institutions financières (le « BSIF ») a publié récemment une version révisée de la ligne directrice E-23 - Gestion du risque de modélisation (le « projet de ligne directrice ») énonçant les...more

Blake, Cassels & Graydon LLP

Modernizing Financial Risk Management: OSFI's Draft Guideline on AI Model Risk Management

The Office of the Superintendent of Financial Institutions (OSFI) recently released an updated draft of Guideline E-23 Model Risk Management (Draft Guideline) setting expectations related to enterprise-wide artificial...more

Stikeman Elliott LLP

OSFI Releases New Supervisory Framework for FRFIs and Pension Plans

Stikeman Elliott LLP on

On October 4, 2023, the Office of the Superintendent of Financial Institutions (“OSFI”) released details of a new supervisory framework (“New Framework”) that will apply as of April 1, 2024 to federally-regulated financial...more

Stikeman Elliott LLP

CSA Release Guidance on Public Crypto Asset Funds

Stikeman Elliott LLP on

This summer, the Canadian Securities Administrators (“CSA”) published CSA Staff Notice 81-336 Guidance on Crypto Asset Investment Funds that are Reporting Issuers (the “Notice”) concerning funds that seek to invest in crypto...more

Blake, Cassels & Graydon LLP

Annual Review of Federal Financial Institution Legislation

In 2018, financial institutions in Canada witnessed yet another year of significant expansion in legislation and regulatory guidance impacting their operations....more

Bennett Jones LLP

If You're Not a Bank, Stop Using "Bank Words" to Describe Your Business, Says Canada's Banking Regulator

Bennett Jones LLP on

Companies that provide financial services in Canada, including fintech companies and credit unions, should be aware of a provision in the federal Bank Act that restricts their ability to use words such as "bank", "banker" or...more

Blake, Cassels & Graydon LLP

Trends in Banking: Steps Towards Modernization

Moves Towards Regulatory Modernization - The rapidly evolving nature of banking — and the financial services sector in general — has seen Canada’s Department of Finance make several moves towards modernization. What will...more

Blake, Cassels & Graydon LLP

Legal Trends: Financial Services Regulatory

Fintech is the single hottest topic for 2016 and the foreseeable future. From mobile payments to paperless processes to block-chain technology, the increased use of emerging and innovative technologies to pay for or obtain...more

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