Canada:
OSC, ASC And BCSC Ink Supervisory MOU Deals With Bank Of England And FCA
19 July 2013
Stikeman Elliott LLP
To print this article, all you need is to be registered or login on Mondaq.com.
The
OSC today announced that it had, along with the
ASC and
BCSC, entered into Memoranda of Understanding with the
Bank of England and the U.K.
Financial Conduct Authority regarding mutual assistance in
the supervision and oversight of regulated entities that
operate in both the U.K. and the participating Canadian
jurisdictions. The MOUs are subject to Ministerial approvals.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Canada
The Canadian Mortgage Charter: A 2024 Uplift
Gowling WLG
In the 2023 Fall Economic Statement, the Government of Canada announced the Canadian Mortgage Charter ("Charter"), which requires federally regulated financial institutions...
Phase 3 Of CIRO's Rule Consolidation Project
Borden Ladner Gervais LLP
On April 18, 2024, the Canadian Investment Regulatory Organization (CIRO) published for comment Phase 3 of its Rule Consolidation Project proposals. The objective of Phase 3 is to adopt rules...
