The chief compliance officer has a number of responsibilities including the establishment and maintenance of policies and procedures for the assessment of compliance by the firm with relevant rules and regulations.
An alternate individual, also qualified as a CCO under securities regulations, must also be designated.
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Health Canada announces task force to boost competitiveness in life sciences
Announcement comes as global pharmaceutical markets shift, with Canada facing pressure to secure investments and ensure timely access to new therapies.
Kevin Kinsella1 min read
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New Executive Order threatens sanctions against non-US persons doing business with Cuba
Non-US financial institutions are likely to evaluate Cuba-related customers or counterparties more strictly in light of the new secondary sanctions authority.
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CSA proposes stock buyback flexibility rules
The proposed rules would give Canadian issuers more room to repurchase shares privately.
Alexander Barzacanos1 min read
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FinCEN issues human trafficking red flags ahead of World Cup 2026
The US financial regulator is warning firms across the country to watch for signs of sex and labor trafficking amid heightened local economic activity from the event.
Catherine Ollinger2 min read
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GRIP Extra: OSC sets examination priorities, SEC reviews FINRA short-selling proposal
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
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Health Canada seeks input on new drug review process
Proposed framework would allow Canadian regulator to use drug approval decisions from foreign agencies to speed up approvals in Canada.
Kevin Kinsella2 min read
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FINTRAC confirms details of tougher AML regime
Under the new rules, FINTRAC may impose much higher maximum penalties and make greater use of formal tools to force firms to fix compliance problems.
Alexander Barzacanos2 min read
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GRIP Extra: CFTC replaces outdated swap benchmarks, ESMA moves to simplify EU reporting
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
