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Blake, Cassels & Graydon LLP | Canada | 27 Feb 2024

Preaching to Evade Breaching: The Latest Trends in Canadian Cybersecurity

It has been said many times before but it cannot be said enough: the most effective way to avoid cybersecurity threats is to remain vigilant and…
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Torys LLP | Canada | 21 Feb 2024

Scaling up risks: OSFI’s new supervisory approach to financial institutions

The Office of the Superintendent of Financial Institutions (OSFI) released its new framework for supervising Federally regulated financial…
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McCarthy Tétrault LLP | Canada | 21 Feb 2024

OSFI Introduces New Supervisory Framework for Federally Regulated Financial Institutions

On February 8, the Office of the Superintendent of Financial Institutions (“OSFI”) announced a new supervisory framework (the “Supervisory Framework”)…
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Lexology PRO | Canada | 15 Feb 2024

OSFI upgrades supervisory and risk assessment regime

The Canadian banking regulator has amended its supervisory regime for the first time in 25 years.
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Gowling WLG | Canada, Global | 15 Feb 2024

Financial services technology in Canada: Seven things to watch for in 2024

As we move into 2024, Gowling WLG’s Financial Services and Technology (FSxT) Group shares its take on key legal and regulatory developments expected…
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McMillan LLP | Canada | 14 Feb 2024

OSFI Unveils New Supervisory Framework (Effective April 2024)

Following our previous update in October 2023, on February 8, 2024 the Office of the Superintendent of Financial Institutions ("OSFI") announced the…
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Blake, Cassels & Graydon LLP | Canada | 13 Feb 2024

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…
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McCarthy Tétrault LLP | Canada | 8 Feb 2024

OSFI Issues Final Integrity and Security Guideline

On January 31, 2024, the Office of the Superintendent of Financial Institutions (“OSFI”) published the final Integrity and Security Guideline (the…
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McMillan LLP | Canada | 7 Feb 2024

FinTech: 2023 Legal Year in Review

Financial Technology - colloquially known as "FinTech" - has undergone explosive growth in recent years. This was further amplified by the COVID-19…
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McCarthy Tétrault LLP | Canada | 6 Feb 2024

2023 Year in Review in Insurance

As anticipated in our 2022 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2023. This article…
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