Learn more about what the ASC is doing to support market participants and investors.
Jun 16, 2022
Montreal – The Canadian Securities Administrators (CSA) today released its Achievement Highlights report that summarizes the progress made on the strategic initiatives published in the CSA 2019-2022 Business Plan.
“I am very proud of what we have accomplished over the past three years. CSA members collaborated to pursue our strategic goals, drive a harmonized approach to securities regulation, and improve our regulatory system" said Louis Morisset, Chair of the CSA and President and CEO of the Autorité des marchés financiers. “We proactively responded to the unique challenges and uncertainties brought by the pandemic and other important market and regulatory developments, such as the rise of do-it-yourself (DIY) and crypto asset investing.”
Of the 41 initiatives outlined in the 2019-2022 Business Plan, the vast majority were completed during the three-year period, while the remainder are in progress. Key initiatives include:
These significant results were achieved alongside the CSA’s unprecedented efforts to respond to the global COVID-19 pandemic. Our actions stemmed from CSA members’ understanding of industry and investors’ realities as they coped and adjusted to get through the crisis. The CSA balanced the need to alleviate regulatory burden during an extraordinary disruption and its obligation to maintain investor protection at a time of market volatility. The CSA also advanced its enforcement practices during the pandemic, such as conducting virtual investigations and virtual hearings, to further drive collaboration and efficiency.
Notable key CSA initiatives outside of the 2019-2022 Business Plan include:
The CSA’s accomplishments, as outlined in the Achievement Highlights report, demonstrate the shared commitment of CSA members to protect investors, foster fair and efficient capital markets, and strengthen market integrity and confidence in an increasingly complex and dynamic environment.
CSA members continue to work cooperatively on these strategic initiatives and other issues that affect Canada’s capital markets, while maintaining and allowing for local flexibility and innovation.
The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For Investor inquiries, please refer to your respective securities regulator. You can contact them here.
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