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ARTICLE · 10 FEBRUARY 2009

Canada’s Expert Panel On Securities Regulation — Final Report

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The Expert Panel on Securities Regulation in Canada, appointed in February 2008 by Canada’s Minister of Finance, published its Final Report and Recommendations — Creating an Advantage in Global Capital Markets on January 12, 2009.

CanadaFinance and Banking
Robert Chapman
Robert Chapman
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The Expert Panel on Securities Regulation in Canada, appointed in February 2008 by Canada's Minister of Finance, published its Final Report and Recommendations — Creating an Advantage in Global Capital Markets on January 12, 2009.

The Expert Panel is the latest of several initiatives tasked with addressing the absence of a single, common, national or federal securities regulator for Canada.

Five tasks were set out in the Expert Panel's mandate — namely, identifying the objectives, outcome indicators and performance measures for securities regulation; examining proportionate and more principles-based regulation to replace the current rules-based approach; examining enforcement and related adjudicative tribunal matters; choosing between the passport system and a single regulator as the best structural model for securities regulation in Canada; and developing a model act and a transition plan.

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