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Searching Content indexed under Insurance Laws and Products by Torys LLP ordered by Published Date Descending.
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1
Updates To Guidance For Merging With An FCU Should Be Considered
We believe that the Office of the Superintendent of Financial Institutions (OSFI) should consider updating existing guidance (or developing new guidance) in respect of certain applications
Canada
28 Mar 2019
2
Technology is Making the Global Economy More Accessible Than Ever
The International Monetary Fund recently cut its global growth forecasts, citing concerns about further disruptions in trade policies.
Canada
8 Nov 2018
3
Bill C-86 Proposes To Overhaul Bank Act Consumer Provisions
Bill C-86, Budget Implementation Act, 2018, No. 2 (Bill), was introduced in the House of Commons on October 29.
Canada
6 Nov 2018
4
Canada's Bail-In Regime Now In Force
Canada's bank recapitalization (bail-in) regime has officially taken effect.
Canada
19 Oct 2018
5
Bail-In Implementation Update
On September 23, the Bank Recapitalization (Bail-in) Conversion Regulations under the Canada Deposit Insurance Corporation Act, the Bank Recapitalization (Bail-in) Issuance Regulations...
Canada
17 Sep 2018
6
Final Bail-In Regulations And Related Guidelines Published
On April 18, the Government of Canada published final regulations under the Canada Deposit Insurance Corporation Act (CDIC Act) and the Bank Act.
Canada
23 May 2018
7
Significant Change Ahead For Financial Institution Statutes
Below our authors summarize and discuss potential implications resulting from the proposed "priority" amendments to the Bank Act, the Trust and Loan Companies Act...
Canada
4 Apr 2018
8
Further Amendments Introduced To New Saskatchewan Insurance Legislation
Saskatchewan has introduced legislation (Bill 73) which amends the provisions of the new Saskatchewan insurance legislation, The Insurance Act.
Canada
23 Jan 2018
9
Government Of Canada Publishes Bail-In Regulations
On June 16, 2017, the Government of Canada published in draft for public comment regulations under the Canada Deposit Insurance Corporation Act (the CDIC Act) and the Bank Act...
Canada
29 Jun 2017
10
Highlights Of Canada's 2017 Federal Budget
The federal budget (Budget 2017) tabled on March 22, 2017 (Budget Day) contains a number of proposed amendments to Canada's Income Tax Act (the Tax Act).
Canada
31 Mar 2017
11
Québec Publishes Draft Regulation On Calls For Tenders For Provision Or Supply Of Medications
A 45-day comment period is currently ongoing in Québec following the publication of draft regulation containing the conditions governing the bidding process for the provision or supply of medications sold in pharmacies.
Canada
9 Sep 2016
12
Canada's New Rules On Financing Of Insured Mortgages
Two regulatory amendments in the Final Regulations were originally introduced in the Draft Regulations.
Canada
15 Mar 2016
13
New Rules On Financing Of Insured Mortgages Could Have Far-Reaching Impact
The first set of amendments applies to mortgage loans insured by Canada Mortgage and Housing Corporation (CMHC), and the second set of amendments applies to mortgage loans insured by licensed private mortgage insurers.
Canada
17 Jun 2015
14
OSFI Finalizes Guidance for Reinsurance Security Agreements and Reinsurance Practices
On December 24, the Office of the Superintendent of Financial Institutions (OSFI) released in final form its Guidance for Reinsurance Security Agreements (the RSA Guidance) and Guideline B-3, Sound Reinsurance Practices and Procedures, following public consultations on draft versions issued in August 2010.
Canada
10 Jan 2011
15
OSFI Finalizes New Guidance for Reinsurance
On December 24, 2010, the Office of the Superintendent of Financial Institutions (OSFI) released guidance for reinsurance security agreements (the RSA Guidance), marking a shift away from the use of standard form reinsurance trust agreements.
Canada
10 Jan 2011
16
OSFI Finalizing New Guidance for Reinsurance Security Agreements in Canada
On August 9, the Office of the Superintendent of Financial Institutions (OSFI) released draft guidance for reinsurance security agreements (the RSA Guidance), marking a shift away from the use of standard form reinsurance trust agreements.
Canada
28 Sep 2010
17
Canada's Federal Court Sidesteps Constitutional Challenge to Federal Privacy Legislation
Since Canada’s Federal privacy legislation was first introduced in 2000, a significant constitutional issue about its scope has been lingering in the background.
Canada
13 Jul 2010
18
Executive Compensation
Executive compensation continues to be top of mind for shareholders. The increased attention on executive compensation by shareholders is increasing directors' concern with their liability for compensation decisions and protection from liability, including D&O insurance.
Canada
16 Sep 2008
19
Safe To Apologise: New Law In British Columbia
The province of British Columbia is the first Canadian jurisdiction to introduce a law providing a safe harbour for apologising. The BC Apology Act1 took effect on 18 May 2006.
Canada
8 Nov 2006
20
Patenting Insurance Innovations
The Emergence of Software and Business Method Patents Has Marked a Shift in the Competitive Landscape for a Number of Industries, Including Insurance.
Canada
6 Sep 2006
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