Regulators release new business plan
The Canadian Securities Administrators (CSA) released on June 14 two publications: the CSA Business Plan 2016-2019 Achievement Highlights and the CSA Business Plan 2019-2022.
The CSA Business Plan 2019-2022 sets out the priorities of its members over the course of the next three-year period. In it, the CSA members have highlighted forty initiatives “that continue to address industry participants’ needs and promote market integrity and investor confidence in Canada’s capital markets,” stated the organization.
In particular, the new business plan includes projects such as the elimination of undue regulatory burden and the streamlining of regulatory requirements without reducing investor protection or impeding the efficient functioning of capital markets. It also includes projects to better manage the impact of new and emerging technologies and communication tools on Canadian capital markets, says the CSA.
Meanwhile, the initiatives outlined in the 2016-2019 Achievement Highlights report demonstrate “the collaborative efforts of CSA members to successfully deliver on our objectives,” stated Louis Morisset, Chair of the CSA and President and Chief Executive Officer of Quebec regulator, the Autorité des marchés financiers. “Many of these initiatives, both completed and on-going, have led us to understand, evolve and sharpen our strategic objectives outlined in the CSA Business Plan 2019-2022,” said Morisset.
Click here to view the CSA Business Plan 2016-2019 Achievement Highlights and the CSA Business Plan 2019-2022