OSC Roundtable on Reducing Regulatory Burden – Online Registration

25 03 2019

The Ontario Securities Commission (“OSC”) is hosting a roundtable to discuss how to reduce unnecessary rules and processes while continuing to protect investors.  In our previous post, we mentioned that you would be able to attend by webinar or teleconference and registration for those options are now available HERE.





Deloitte Directors’ Alert:2019

25 02 2019

Deloitte has posted to their website the 2019 edition of Directors’ Alert, “Taking the Long-Term View” which highlights how boards can apply a long-term lens to their oversight role in an age of disruption and uncertainty including:

  • Recognizing how industry 4.0 will impact the long term
  • Identifying how organizations can better engage with investors – and activists
  • Understanding how organizations can re-imagine their ESG impacts
  • Navigating tax strategy in a digital and complex world

You can download the complete document HERE.





CCGG 2018 Best Practices for Proxy Circular Disclosure

17 12 2018

The Canadian Coalition for Good Governance (“CCGG”) has published to their website the latest edition in their best practices series, 2018 Best Practices for Proxy Circular Disclosure. This document is updated and produced annually and is an essential tool for reporting issuers to reference when preparing their proxy circulars.

You can download a copy of the document HERE.





ASC 2018 Corporate Finance Review

17 12 2018

The Alberta Securities Commission (“ASC”) has posted to their website the 2018 Corporate Finance Disclosure Report. The purpose of this report is to provide market participants with the ASC’s comments on the quality of continuous disclosure of Alberta reporting issuers and to provide useful and straightforward guidance that makes it easier for issuers to achieve good disclosure.

This year the areas which were identified to have disclosure deficiencies include forward-looking information, unbalanced and promotional disclosures, and the use of non-GAAP financial measures. The report includes examples that did and did not meet the ASC’s expectations.

You can download the report HERE.





ISS and Glass Lewis 2019 Policy Guidelines for the Canadian Market

27 11 2018

The Laurel Hill Advisory Group has published their summaries of the Institutional Shareholder Services, Inc. (ISS) and Glass Lewis updates to their respective 2019 Policy Guidelines for the Canadian Market. It is critical for Canadian issuers to review and understand these updates as failure to comply with the new guidelines could result in ISS/Glass Lewis making AGAINST/WITHHOLD recommendations for resolutions and directors at the issuer’s next annual general meeting.

The ISS updates include:

  • Board Gender Diversity
  • Overboarding
  • Environmental and Social (E&S) Shareholder Proposal Policy

You can find an overview of the ISS updates and download the full report HERE.

The Glass Lewis updates include:

  • Board Gender Diversity
  • Environmental and Social Risk Oversight
  • Executive Compensation
  • Board Skills Matrix
  • Ratification of Auditor
  • Virtual-Only Meetings

You can find an overview of the Glass Lewis updates and download the full report HERE.





CCGG Webinar – The Directors’ E&S Guidebook

25 10 2018

The Canadian Coalition for Good Governance (CCGG) is hosting a webinar on October 31, 2018 called The Directors’ E&S Guidebook – A practical resource to understand and navigate investors’ expectations on board oversight and disclosure on environmental and social matters.

This webinar will provide an opportunity for corporate directors, investors, corporate secretaries, investor relations professionals and securities lawyers to learn about investors’ emerging expectations regarding the governance of E&S factors from a diverse and experienced panel of speakers.

You can find out more and register HERE. There is no fee to attend this webinar.

 





Deloitte Directors’ Alert: 2018

12 03 2018

Deloitte has posted to their website the 2018 edition of Directors’ Alert, “Linkages to success” which highlights governance topics that boards around the world will be focused on in the coming year including:

  • The missing link in CEO succession planning: Organizational culture
  • Exercising oversight of digital innovation: How boards can keep pace
  • Strengthening the link between strategy and risk appetite: How the board can lead the way

You can download the complete document HERE.