Market Court refers FATCA data transfer questions to CJEU

The Belgian Market Court has referred 13 preliminary questions to the Court of Justice of the European Union (CJEU) regarding the FATCA agreement and data transfers to the US. This action seeks clarification on the compatibility of the agreement with EU data protection laws, including GDPR and Directive 95/46/EC.

Canadian Chicken Marketing Levies Order Amendment

The Canadian government has amended the Canadian Chicken Marketing Levies Order under the Farm Products Agencies Act. This amendment, registered as SOR/2025-289, modifies existing levies applicable to chicken marketing.

Canada Gazette Part II Regulations Index

The Canada Gazette Part II published regulations on January 28, 2026, including amendments to the Domestic Substances List under the Canadian Environmental Protection Act, 1999. These updates, registered as SOR/2026-1 and SOR/2026-2, modify existing substance listings.

Canada Gazette Part 2: Statutory Instruments Index

The Canada Gazette Part 2, Volume 160, Number 3, published on February 11, 2026, indexes 14 statutory instruments. These include amendments to regulations under the Canada Labour Code, Farm Products Agencies Act, Customs Tariff, and Immigration and Refugee Protection Act, among others.

CSA and CIRO Guidance for Finfluencers and Firms

The Canadian Securities Administrators (CSA) and Canadian Investment Regulatory Organization (CIRO) have released new guidance for financial content creators ('finfluencers') and the firms they work with. The guidance aims to ensure compliance with securities laws, promote transparency, and protect investors from risks associated with online financial information.

Canadian Securities Regulators Disarm Fraudulent Investment Websites

The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) announced the initial results of a new initiative to combat fraudulent investment websites. Between June 5 and November 23, 2025, regulators deactivated over 3,900 fraudulent websites and 6,900 URLs.

CSA Eases Investment Fund Reporting Requirements

The Canadian Securities Administrators (CSA) has finalized amendments to modernize the continuous disclosure regime for investment funds, effective April 22, 2026. These changes aim to reduce regulatory burden by providing exemptions from certain reporting requirements and eliminating unnecessary disclosures, while maintaining investor protection.

CSA Warns Registrants About Malicious Impersonation Scam Emails

The Canadian Securities Administrators (CSA) has issued a warning to registrants about a malicious spear phishing scam. The emails impersonate the CSA and aim to obtain personal or confidential business information. Registrants are urged to be vigilant, verify sender addresses, and report suspicious emails.

OSFI Speech: Credit Risk, Accountability, and Liquidity Updates

The Office of the Superintendent of Financial Institutions (OSFI) announced a six-month consultation on credit risk management and a nine-month consultation on senior leader accountability. Additionally, the final Liquidity Adequacy Requirements Guideline for 2026 was released, effective May 1, 2026.

OSFI Quarterly Release: Guidance and Risk Management Updates

The Office of the Superintendent of Financial Institutions (OSFI) has released its first quarterly update of 2026, finalizing new liquidity guidance and launching consultations on credit risk management and board accountability. The release also confirms the continuation of loan-to-income limits for uninsured mortgages.