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ARTICLE · 22 APRIL 2015

OSC Enforcement Branch To Launch Mediation Pilot Program

The OSC has announced that beginning on May 1, its Enforcement Branch will launch a pilot mediation program for respondents involved in enforcement proceedings before the OSC.

CanadaCorporate/Commercial Law

The OSC has announced that beginning on May 1, its Enforcement Branch will launch a pilot mediation program for respondents involved in enforcement proceedings before the OSC. Under the pilot program, respondents will have the option of participating in a mediation with an independent third-party mediator pursuant to standard terms of a mediation agreement, including confidentiality terms. A settlement agreement arising from mediation would still have to be approved by the OSC at a settlement approval hearing. Further information on the program is available on the OSC website.

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