
Canadian regulators issue findings on Client Focused Reforms sweeps
The Canadian Securities Administrators and the Canadian Investment Regulatory Organisation published in August 2023 a joint staff notice (the Notice) to summarise the findings of their review of firms’ conflicts of interest (COI) practices with respect to the Client Focused Reforms and to provide additional guidance to securities registrants. As a reminder, the Client Focused Reforms introduced significant enhancements to registrant obligations which came into force in two stages in 2021. Continue reading…