Tag: Canadian Securities Administrators

csa report
February 28, 2017 BY Valentina Kirilova

Canadian securities regulators increase collaboration to deter market misconduct

The Canadian Securities Administrators (CSA) released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in the capital markets. In 2016, CSA members continued with efforts to deter and sanction financial wrongdoing, with two jurisdictions implementing whistleblower programs, and a third partnering with law enforcement,” said…

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February 24, 2017 BY Valentina Kirilova

The Canadian Securities Administrators launches a regulatory sandbox initiative

The Canadian Securities Administrators (CSA) launched a regulatory sandbox, an initiative that supports businesses seeking to offer innovative products, services and applications. The objective of this initiative is to facilitate the ability of those businesses to use innovative products, services and applications all across Canada, while ensuring appropriate investor protection,” said Louis Morisset, CSA Chair…

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Canadian Securities Administrators CSA
January 20, 2017 BY Valentina Kirilova

Canadian Securities Regulators adopts rules for Over-the-Counter derivatives clearing

The Canadian Securities Administrators (CSA) 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 commitments to reform the global OTC derivatives markets. These national instruments are designed to align with international standards and provide safeguards in the Canadian market for counterparties transacting…

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Canadian Securities Administrators CSA
December 09, 2016 BY Valentina Kirilova

CSA publish amendments mandating a CSA mutual fund risk classification methodology for use in fund facts and ETF facts

The Canadian Securities Administrators (CSA) published final amendments that require fund managers to use a standardized CSA mutual fund risk classification methodology to determine the investment risk level of conventional mutual funds and exchange-traded mutual funds (ETFs) (collectively referred to as “mutual funds”) in the Fund Facts and ETF Facts, respectively. Currently, fund managers must…

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CSA proposes rule regarding non-GAAP and other financial measures
November 18, 2016 BY Valentina Kirilova

Canadian Securities Regulators publish guidance for portfolio managers working with investment dealers

The Canadian Securities Administrators (CSA) has published CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members. The notice provides information and guidance for CSA-regulated portfolio managers who enter into custody and trading arrangements with dealer members of the Investment Industry Regulatory Organization of Canada (IIROC). In recent years, Portfolio…

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September 28, 2016 BY Valentina Kirilova

CSA publishes update on cyber security for market participants

The Canadian Securities Administrators (CSA) has published CSA Staff Notice 11-332 Cyber Security to promote cyber-security awareness, preparedness and resilience in Canadian capital markets. The cyber-security landscape has evolved considerably in recent years, as cyber attacks have become more frequent, complex and costly for organizations. As a result, the CSA is working to promote cyber-security awareness,…

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March 10, 2015 BY Maria Nikolova

Canada blacklists 37 binary options brokers

The Canadian Securities Administrators (CSA), an organization which represents the securities regulators of 10 Canadian provinces and 3 territories, has published a “Black List” of unauthorized binary options brokers. The common feature of all companies that participate in the list is that they try to attract investors in Canada without having the proper licenses to…

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