Information Technology
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December 11, 2024
OSC review finds some crypto asset trading platforms mishandled client accounts
An Ontario Securities Commission (OSC) compliance review is raising red flags over the way some crypto asset trading platforms (CTPs) handle client accounts.
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December 11, 2024
OSC announces new online dashboard for data on exempt market capital raising
The Ontario Securities Commission has announced the launch of an online dashboard that provides data on capital-raising activity by Canadian corporate (non-investment fund) issuers in the province's increasingly important exempt market.
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December 11, 2024
New partner joins Dipchand
A recent news release from Dipchand LLP announced the addition of Louis-Pierre Gravelle as a partner in the firm’s patent practice group.
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December 09, 2024
Commons committee, privacy commissioner call for amendments to federal private-sector privacy law
The federal privacy commissioner has endorsed a call by a House of Commons committee to reform Canada’s federal private-sector privacy law to include data-minimization requirements, rules surrounding cross-border data transfers, and the power for the privacy commissioner to make binding orders and impose significant administrative monetary penalties.
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December 09, 2024
New tool aimed at ensuring AI systems comply with human rights law
An Ontario-based law reform organization has partnered with the province’s human rights commission to create a new tool aimed at helping organizations evaluate their artificial intelligence (AI) systems for compliance with human rights requirements.
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December 06, 2024
No Charter breach when police warrantlessly searched text messages in ‘exigent circumstances’: SCC
The Supreme Court of Canada has dismissed 6-3 an Ontario man’s appeal of his drug trafficking convictions, holding that his Charter rights were not breached because “exigent circumstances” justified police, without a warrant, using a cellphone they seized from a drug dealer to impersonate that dealer and continue his texting with the accused to arrange what police suspected to be a purchase of fentanyl-laced heroin.
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December 05, 2024
CSA provides guidance and seeks feedback on AI oversight and regulation in capital markets
The Canadian Securities Administrators (CSA) has published a staff notice and consultation on the use of artificial intelligence (AI) systems in capital markets and is seeking stakeholder feedback on the approaches to oversight and regulation in light of AI advancements.
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December 05, 2024
Federal privacy commissioner expresses lingering concerns over FINTRAC in report
Canada’s federal privacy commissioner is expressing ongoing concerns about how well the country’s anti-money laundering watchdog is protecting the personal information it gathers as part of its investigations — especially in the wake of two recent information security breaches.
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December 04, 2024
Household debt, cyber vulnerabilities main threats to financial stability, say market participants
Over half of investment dealers and portfolio managers are concerned about the stability of the Canadian financial system, according to a survey by Canadian Securities Administrators (CSA) with household debt, cyber vulnerabilities, the geopolitical environment and the housing crisis being top concerns.
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December 04, 2024
CRTC launches consultation to make shopping for Internet easier
The Canadian Radio-television and Telecommunications Commission (CRTC) has announced that it is launching a public consultation “to help make shopping for home internet plans easier.”