Canadian Securities Administrators release updated guidelines on ESG-related investment fund disclosure
On March 7, 2024, the Canadian Securities Administrators (“CSA”) released Staff Notice 81-334 (Revised) – ESG-Related Investment Fund Disclosure (the “Notice”). The Notice updates and replaces the previously issued Staff Notice 81-334, which the CSA had released on January 19, […]
Balancing borders: Regulation of money service businesses in Canada and the United States
In our previous article in our series on money service businesses, we discussed the compliance reporting obligations for MSBs in Canada. In this article, we will explore the key similarities and differences between the MSB regulatory systems in Canada and […]
Levelling Up: Empowering Canadian Esports through Self-Regulation
Introduction The popularity of electronic sports (“esports”) has been mounting for years, leading to a now captive worldwide audience of 532 million, which is projected to be over 640 million by 2025.[i] In Canada, the gaming industry has enjoyed strong […]
Recapping ISDA’s Annual Margin Survey
Introduction On May 9, 2023, the International Swaps and Derivatives Association (ISDA) released its annual survey examining the total initial margin (IM) and variation margin (VM) collected by leading derivatives market participants in 2022. ISDA is an international private trade […]
Securitisation: Canada
Mondaq Comparative Guides
Jason Kroft and Alfred Apps, with contributions from Ahmad Adam, Ron Choudhury, Simon Igelman, Asim Iqbal, Luc-Antoine Manneh, Shaun Parekh and Margaret Shodeinde, author the Canada chapter for Mondaq’s Securitisation Comparative Guide. The guide provides a detailed analysis and comparison […]
Five things learned during SF Canada 2023
On May 24, 2023, members of Miller Thomson’s Structured Finance and Securitization team had the opportunity to attend the Structured Finance Association (SFA) SF Canada 2023 conference. Miller Thomson team members in attendance were Jason Kroft, Ahmad Adam, Shaun Parekh, […]
ESG update: Appetite for enhanced climate and diversity disclosure gaining steam in Canadian capital markets
Introduction Earlier this year, Miller Thomson published an article that examined notable environmental, social and governance (“ESG”) disclosure requirements mandated by securities regulators and encouraged by proxy advisory firms.[1] Subsequently, there have been significant developments pertaining to board diversity and environmental […]
Proposed changes to the Oil, Gas and Salt Resources Act: Carbon capture, utilization and storage
We previously produced a Practical Primer on Carbon Capture for Business and we continue to actively monitor developments in the regulatory environment relating to carbon capture use and sequestration. In that light, we note the following proposed changes to the […]
Digital asset derivatives: The International Swaps and Derivatives Association, Inc.’s digital asset derivatives definitions
The increased popularity of cryptocurrencies and other digital assets has sparked an evolution in the market for derivative contracts referencing such digital assets. In this piece, we provide a brief introduction to the concept of digital asset derivatives, their uses […]
Incorporating ESG practices and principles in loan transactions
Over the past number of years, there has been a growing emphasis on and push to incorporate Environmental, Social and Governance (“ESG”) principles in lending practices. Conducting business in a sustainable, socially-conscious way may allow lenders to improve their financial […]
