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ARTICLE · 05 JANUARY 2018

Fintech Regulatory Developments: 2017 Year In Review

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

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As predicted in our 2016 year-end report, 2017 proved to be a busy year for Fintech in Canada, with a number of important regulatory developments.

CanadaTechnology
SnIP/ITs Blog
SnIP/ITs Blog
Ana Badour
Ana Badour
Heidi Gordon
Heidi Gordon
Kirsten Thompson
Kirsten Thompson
Shane D'Souza
Shane D'Souza
Shauvik Shah
Shauvik Shah
Eriq Yu
Eriq Yu
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As predicted in our 2016 year-end report, 2017 proved to be a busy year for Fintech in Canada, with a number of important regulatory developments. With the dawn of 2018, we look back to summarize some of 2017's most notable Fintech regulatory developments in Canada, as well as developments to watch for in 2018.

What We Saw in 2017

  • Launch of CSA regulatory sandbox – On February 23, 2017, the Canadian Securities Administrators ("CSA") announced the launch of a regulatory sandbox aimed at supporting Fintech businesses through a more tailored approach to regulation that balances innovation and appropriate investor protection. Following the launch of the CSA regulatory sandbox, the Ontario Securities Commission ("OSC") announced that its OSC LaunchPad has been made a permanent fixture of the OSC. The Government of Ontario has also expressed its intent to launch a Regulatory Super Sandbox and an Ontario Fintech Accelerator Office. In addition, Québec's Autorité

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