Category: Financial Services Regulatory

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Lobbying Legislation Changes for Communicating with Ontario and Alberta Governments

January 6, 2015

  Recent amendments to Ontario and Alberta’s lobbying regimes will mean changes for persons who communicate with governments in those jurisdictions. The effective date of Ontario’s legislation has yet to be announced while Alberta’s amendments have already taken effect.     AMENDMENTS TO ONTARIO’S LOBBYISTS REGISTRATION ACT   In August, the Ontario government introduced Bill 8, Public Sector and MPP…

AODA Requirements Coming into Force on January 1, 2015

November 17, 2014

  As described in previous Blakes Bulletins, the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) requires public and private organizations in Ontario to take proactive steps to eliminate barriers to the participation of individuals with disabilities in Ontario society. The Integrated Accessibility Standards Regulation (IASR) enacted under AODA creates obligations in various areas, including information and communications, employment, transportation…

Happy New Year? AODA Requirements Coming into Force on January 1, 2015

November 17, 2014

  As described in previous Blakes Bulletins, the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) requires public and private organizations in Ontario to take proactive steps to eliminate barriers to the participation of individuals with disabilities in Ontario society. The Integrated Accessibility Standards Regulation (IASR) enacted under AODA creates obligations in various areas, including information and communications, employment, transportation…

Commissioner of Lobbying Releases Draft Revised Lobbyists’ Code of Conduct

November 5, 2014

  In October, the federal Commissioner of Lobbying released a revised draft of the Lobbyists’ Code of Conduct (Draft Code) for consultation. The existing Code provides a set of principles and rules outlining the behaviour expected of lobbyists in Canada. The Draft Code proposes several key amendments. Public affairs professionals and other lobbyists should take advantage of the consultation process…

Marcotte: Can the Provinces Regulate Banking in Canada?

September 23, 2014

  On September 19, 2014, the Supreme Court of Canada released its decision in Bank of Montreal v. Marcotte(Marcotte) and two companion cases Marcotte v. Fédération des caisses Desjardins du Québec and Amex Bank of Canada v. Adams.     THE ISSUE   One of the central issues in Marcotte concerned the applicability of certain provisions of the Quebec Consumer…

New Cardholder Security Guidance Issued for Third-Party Service Providers

August 18, 2014

On August 7, 2014, the PCI Security Standards Council (PCI SSC) published an information supplement entitled Third-Party Security Assurance (the Guidance), which provides guidance to organizations in relation to their engagement of third-party service providers (TPSPs) with whom cardholder data is shared or that could impact the security of cardholder data. The Guidance assists organizations and TPSPs in understanding how…

Bill Proposes Changes to Ontario’s Lobbying Legislation

August 13, 2014

On July 8, 2014, Ontario’s Deputy Premier Deb Matthews introduced Bill 8, the Public Sector and MPP Accountability and Transparency Act, 2014 (Bill). An identical bill had previously been introduced in March, but died on the order paper when a provincial election was called. The Bill introduces proposed amendments to theLobbyists Registration Act of 1998 (Act), which are outlined in…

Bill Proposes Changes to Federal Election Laws

April 7, 2014

  Earlier this year, federal Democratic Reform Minister Pierre Poilievre introduced Bill C-23 – The Fair Elections Act (Bill), which proposes a number of changes to Canadian election law, including an increase in annual contribution limits for individuals.     INCREASE TO CONTRIBUTION LIMITS   The Bill proposes an increase for annual contribution limits for individuals to C$1,500, up from C$1,200. The…

Important Changes to Canada’s AML Laws: Here We Go Again

April 3, 2014

  On March 28, 2014, the federal government introduced important proposed amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PC Act), Canada’s anti-money laundering legislation. The proposed amendments are introduced by Bill C-31, the Economic Action Plan 2014 Act, No. 1, which implements certain provisions of the federal budget tabled on February 22, 2014. Among other proposed changes, Bill C-31:…

Canadian Sanctions Against Russia

March 31, 2014

  On March 17, 2014, the federal government introduced two new regulations under Canada’s Special Economic Measures Act imposing an asset freeze on senior government officials and other individuals and entities in Russia and Crimea in connection with the recent developments in Crimea. The federal government subsequently amended these regulations to designate additional names, including a number of Russian banks. The Special Economic…

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