Notice of Ministerial Approval - Memorandum of Understanding for Information Sharing Between the Ontario Securities Commission and the Financial Transactions and Reports Analysis Centre of Canada
On January 25, 2021, the Minister of Finance approved, pursuant to section 143.10 of the Securities Act (Ontario), a Memorandum of Understanding between the Ontario Securities Commission and the Financial Transactions and Reports Analysis Centre of Canada (the “MOU”).
The MOU provides a framework for information-sharing in order to assist the OSC to meet its mandate and to co-operatively rationalize the compliance burden placed on OSC registrants.
The MOU came into effect on January 25, 2021. The MOU was published in the Bulletin on December 3, 2020 at (2020), 43 OSCB 9037.
Questions may be referred to:
Elizabeth King
Deputy Director – Registrant Conduct
Compliance and Registrant Regulation
[email protected]
Merzana Martinakis
Senior Accountant
Compliance and Registrant Regulation
[email protected]