NOTICE OF MINISTERIAL APPROVAL
MEMORANDUM OF UNDERSTANDING
WITH AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
CONCERNING CONSULTATION, COOPERATION AND THE EXCHANGE OF INFORMATION
RELATED TO THE SUPERVISION OF CROSS-BORDER REGULATED ENTITIES
On March 23, 2012, the Minister of Finance approved the memorandum of understanding entered into between the Ontario Securities Commission and the Australian Securities and Investments Commission, and certain other provincial securities regulators. The MOU is intended to promote regulatory cooperation in the supervision of regulated entities that operate in both Australia and Canada. It sets out a framework for consultation, cooperation and information-sharing related to the day-to-day supervision and oversight of regulated entities.
The MOU came into effect on March 23, 2012. The MOU was published in the Bulletin on February 17, 2012 at (2012) 35 OSCB 1660.
Questions may be referred to:
April 6, 2012