Compliance

61% of S&P/TSX firms call cybersecurity a material risk Fallback Image Decorative pattern

Industry

61% of S&P/TSX firms call cybersecurity a material risk

Staff from the British Columbia Securities Commission, the Ontario Securities Commission and the Autorité des marchés financiers have published Multilateral Staff Notice 51-347 Disclosure of Cybersecurity Risks and Incidents. The notice reports the findings of a review announced by the Canadian Securities Administrators (CSA) in Staff Notice 11-332 Cybersecurity (Staff Notice 11-332) and provides disclosure […]

By Staff |January 19, 2017

1 min read

CSA adopts rules for OTC derivatives clearing Fallback Image Decorative pattern

Industry

CSA adopts rules for OTC derivatives clearing

The Canadian Securities Administrators (CSA) today announced two new national instruments affecting over-the-counter (OTC) derivatives trading in Canada. The national instruments are part of Canada’s ongoing implementation of global OTC derivatives market reforms. Read: How and why to use derivatives: IMCA conference National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives requires certain counterparties to […]

By Staff |January 19, 2017

1 min read

CSA announces agenda for cybersecurity roundtable Fallback Image Decorative pattern

Industry

CSA announces agenda for cybersecurity roundtable

The Canadian Securities Administrators (CSA) today announced additional details regarding its roundtable on cybersecurity issues. The roundtable follows the publication of CSA Staff Notice 11-332 Cybersecurity, which identifies related issues and opportunities. Read: Top 10 business risks for 2017 The CSA roundtable will take place Monday, February 27, 2017, on floor 22 of the Ontario […]

By Staff |January 18, 2017

1 min read

New York-based BlackRock to pay US$340,000 SEC penalty Fallback Image Decorative pattern

Industry

New York-based BlackRock to pay US$340,000 SEC penalty

The Securities and Exchange Commission today announced that New York-based asset manager BlackRock Inc. has agreed to pay a US$340,000 penalty to settle charges.

By Staff |January 18, 2017

2 min read