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ARTICLE · 09 OCTOBER 2025

Takeaway Leaves From OSC's RIE Annual Report

Borden Ladner Gervais LLP
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This summer, the Ontario Securities Commission (OSC) released OSC Staff Notice 33-759 Registration, Inspections and Examinations Division 2025 Annual Report.

CanadaCorporate/Commercial Law
AUM Law
AUM Law
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This summer, the Ontario Securities Commission (OSC) released OSC Staff Notice 33-759 Registration, Inspections and Examinations Division 2025 Annual Report. Our readers will be most interested in Part 2 of the report, which is often described as a "self assessment tool" for registrants on their compliance systems and controls.

The report notes that the 2024 exam of high risk firms was based on information collected from the risk assessment questionnaire, and that a firm may be ranked as "high risk" based on factors such as the firm's business activities, high dollar values for assets under management, the number of compliance staff relative to the amount of AUM, and the number of clients or type of clients serviced by the firm.

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