Perspectives Newsletter
Stikeman Elliott LLP
Providing creative Canadian legal services to clients around the world.
In this issue...
Plus, the OBSI Joint Regulators Committee's 2023 Annual Report.
To see a complete list of our blogs and guides visit our Knowledge Hub .
Privacy & Cybersecurity
Five Takeaways for Health and Social Service Providers Operating in Québec: the Act Respecting Health and Social Services Information Now in Force
On July 1, 2024, most of the provisions of Québec’s Bill 3, An Act respecting health and social services and amending various legislative provisions took effect. Now known as the Act respecting health and social services information, CQLR c R-22.1 (the “Act”), the Act’s four objectives are (i) to protect health and social services information (“HSSI”); (ii) to allow legitimate access to HSSI; (iii) to improve the quality of services offered to Québecers; and (iv) to enable a needs-based management of health and social services. Read more
Data Anonymization in Québec: What the New Regulatory Framework Requires
In this episode of "Speaking of Privacy", our global privacy and data protection podcast, Stikeman Elliott’s David Elder, Danielle Miller Olofsson and Rachel Zuroff look at recently published Québec regulations that are designed to provide organizations with guidance on acceptable approaches to the anonymization of personal information. They explore what the regulations say, what they don’t say, and the significance of the distinction between “anonymization” and “de-identification”. They conclude by discussing some of the steps that may be required to comply with Québec’s regulations going forward, while recognizing that every situation is unique and context-dependent. Listen?to?the?podcast
Mergers & Acquisitions
Righting the Ship: How CROs Work with Distressed Businesses?
领英推荐
In this episode of "Views from the Market", our Midmarket M&A and private equity podcast, Stikeman Elliott's Mario Nigro discusses the fascinating and important role of chief restructuring officer with David Planques of Revival Capital Partners. Distressed businesses hire CROs to solve the problems that must be overcome before a successful restructuring can proceed. Seasoned CROs like David have the skills and experience to keep stakeholders, employees and suppliers on board as the process unfolds. David concludes the discussion by sharing some of the lessons of his extensive involvement in these high-pressure situations with podcast host Mario Nigro.??Listen to the podcast
Competition
Sanctions Evasion: Canada Takes Aim with New FINTRAC Reporting Requirements for Reporting Entities
Reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) will soon be subject to a new requirement to report transactions suspected to be related to sanctions evasion to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). As noted in its June 25, 2024 special bulletin, this adds to the longstanding obligations to report transactions suspected to be related to money laundering or terrorist financing. Read more
It’s Not Easy Bein’ Green: New Greenwashing Guidance & Public Consultation
The new greenwashing provisions in the Competition Act are attracting significant attention from Canadian businesses, especially for those focused on proactively discussing their efforts regarding emissions and the environment. The Competition Bureau has launched a public consultation regarding the provisions, and has released initial guidance regarding its enforcement approach to greenwashing. While the public consultation and initial guidance are a good start, it will be important for the Competition Bureau to clarify its views on interpreting the phrase “internationally recognized methodology” and the degree of deference it intends to adopt when assessing the responsible business judgment of Canadian businesses who are substantiating their environmental claims in good faith. Read more
Capital Markets & Securities
OBSI Joint Regulators Committee Releases 2023 Annual Report
Stikeman Elliott
The Canadian Securities Administrators and the Canadian Investment Regulatory Organization recently published the Annual Report of the Joint Regulators Committee (“JRC”) of the Ombudsman for Banking Services and Investments, highlighting the primary activities that the JRC conducted in 2023. Read more
To see a complete list of our blogs and guides visit our Knowledge Hub .