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Health Canada identifies lithium-ion batteries, infant bath seats, and water beads as hazards of concern
Health Canada has recently identified three new classes of products that pose a hazard of concern.
Canada | Publication | March 2020
The Canadian Securities Administrators (CSA) recently published for comment proposed amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations (the Amendments) taking aim at eradicating financial exploitation among vulnerable investors, and seeking to provide a measure of certainty and clarity to registrants when faced with situations involving aging clients and/or clients suffering from diminished mental capacity.
The Amendments were jointly developed by the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) and will remain open for comment until June 3, 2020.
If adopted, the Amendments would impose positive obligations on investment advisors, when dealing with vulnerable clients, to:
Subject to the nature of comments received, the CSA anticipates that the proposed amendments will come into force at the same time as the Client Focused Reforms relating to enhanced “Know Your Client” (KYC) requirements. The complete Amendments can be found here.
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Health Canada has recently identified three new classes of products that pose a hazard of concern.
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An employer’s ability to ask for a sick note when an employee is absent from work due to illness is becoming increasingly curtailed across Canada.
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Over the past two years, Spain has significantly strengthened its foreign investment screening mechanism, and all acquisitions by foreign investors (as defined below) of a Spanish entity active in a strategic sector are subject to prior authorisation by the Ministry of Industry, Commerce and Tourism (“MoICT”).
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