Canadian Securities Administrators

Canadian securities regulators publish IIROC oversight review report

Retrieved on: 
Thursday, April 26, 2018
Government of Canada, Economy, Government, Canadian law, Canadian Securities Administrators, Investment Industry Regulatory Organization of Canada, Canadian securities regulation, Alberta Securities Commission, Securities commission, British Columbia Securities Commission, Ontario Securities Commission, Securities Commission of New Zealand

TORONTO, April 26, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC) .

Key Points: 
  • TORONTO, April 26, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC) .
  • On behalf of the CSA, the oversight review was conducted jointly by CSA staff of eight of the provincial securities regulators that recognize IIROC: the Alberta Securities Commission; the Autorit des marchs financiers; the British Columbia Securities Commission; the Financial and Consumer Affairs Authority of Saskatchewan; the Financial and Consumer Services Commission of New Brunswick; the Manitoba Securities Commission; the Nova Scotia Securities Commission; and the Ontario Securities Commission.
  • IIROC is also recognized by the Newfoundland and Labrador Office of the Superintendent of Securities, and the Prince Edward IslandOffice of the Superintendent of Securities.
  • The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

ASC announces new provision within the Credit for Exemplary Cooperation in Enforcement Matters Policy

Retrieved on: 
Friday, May 4, 2018
Canadian Securities Administrators, Canadian securities regulation

A new tool in the expanding ASC Enforcement toolbox, this provision provides clarity and detail on the circumstances in which ASC staff will consider a no-contest settlement agreement.

Key Points: 
  • A new tool in the expanding ASC Enforcement toolbox, this provision provides clarity and detail on the circumstances in which ASC staff will consider a no-contest settlement agreement.
  • No-contest settlement agreements may be considered when respondents have self-reported, are fully cooperating with the ASC and are taking financial responsibility for their actions.
  • "This provision also provides market participants with an opportunity to address their misconduct with efficiency and certainty."
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Canadian securities regulators seek input on the proposed derivatives registration rule

Retrieved on: 
Thursday, April 19, 2018
Economy, Finance, Financial markets, Money, Canadian Securities Administrators, Over-the-counter, Derivatives market, Derivative, Canadian securities regulation, Securities market, Security, Financial instrument

VANCOUVER, April 19, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today published for comment Proposed National Instrument 93-102 Derivatives: Registration and Proposed Companion Policy 93-102 Derivatives: Registration (collectively, the Proposed Instrument).

Key Points: 
  • VANCOUVER, April 19, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today published for comment Proposed National Instrument 93-102 Derivatives: Registration and Proposed Companion Policy 93-102 Derivatives: Registration (collectively, the Proposed Instrument).
  • The Proposed Instrument establishes a new regime for the registration of dealers and advisers transacting in the over-the-counter (OTC) derivatives markets in Canada.
  • The CSA has developed the Proposed Instrument to help protect investors, reduce risk, and improve transparency and accountability in the OTC derivatives markets.
  • In developing the Proposed Instrument, the CSA leveraged the existing registration regime in the securities market while tailoring the requirements to the OTC derivatives market.