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ARTICLE · 29 OCTOBER 2020

October 27: Canadian Financial Regulatory Updates

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Despite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue to issue guidance explaining and expanding the regulatory...

CanadaFinance and Banking

Despite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue to issue guidance explaining and expanding the regulatory requirements applicable to financial institutions.

As noted in our articles published on June 29, 2020 and August 12, 2020, Canadian financial regulators issued many updates over the summer specific to the economic consequences of COVID-19. Recent regulatory updates issued in September and October reflect a renewed attention to continuing policy development unrelated to the COVID-19 pandemic.

In this article, we review three of these recent updates. The regulatory updates summarized in this article relate to the following topics:

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