OSC Proposed Change to Policy 15-601, Whistleblower Program [Completed]
Effective date: |
October 4, 2018 |
Last updated: |
October 2018 |
Overview
On January 18, 2018, the Ontario Securities Commission (OSC) published for comment a proposed change to OSC Policy 15-601 Whistleblower Program. As a result of further consideration as well as feedback received from the Law Society of Ontario subsequent to the publication of the final Policy, the OSC is proposing a change to the Policy to clarify that in-house counsel who report information under the Policy in breach of applicable provincial or territorial bar or law society rules or equivalent rules applicable in another jurisdiction will not be eligible for a whistleblower award.
On October 4, 2018, the OSC issued a Notice advising that it has amended OSC Policy 15-601 to clarify that in-house counsel who report information under the Policy in breach of applicable provincial or territorial bar or law society rules or equivalent rules applicable in another jurisdiction will not be eligible for a whistleblower award. The amendment is effective immediately.
Recent activities developments
October 2018
On October 4, 2018, the OSC issued a Notice advising that it has amended OSC Policy 15-601 accordingly effective immediately.
January 2018
On January 18, 2018, the Ontario Securities Commission (OSC) published for comment a proposed change to OSC Policy 15-601 Whistleblower Program. Comments are requested by March 20, 2018.