The EMDA is proud to announce that it will be offering a
specially tailored course for Ultimate Designated Persons (UDPs)
and Chief Compliance Officers (CCOs) in the Fall of 2012.
The course is being co-sponsored by Cassels Brock &
Blackwell LLP (Cassels Brock), Founding Sponsor of the EMDA,
and North Star Compliance & Regulatory Solutions Inc. (North
Star). The course is co-chaired by Brian Koscak, Partner of Cassels
Brock and Chair of the EMDA, Peter Dunne, Partner and Head
of the Registration and Compliance Group at Cassels Brock and
David Gilkes, President of North Star and Vice Chair of the EMDA.
Brian Koscak of Cassels Brock says, “UDPs and CCOs
play a critical role within an EMD as gatekeepers. They must
ensure their firms have adequate compliance systems and that
they are adequately performing their responsibilities. The OSC
recently sent a special message to all registered firms stating their
compliance reviews indicate CCOs and compliance staff lack
knowledge of applicable securities legislation. The EMDA UDP/
CCO course and quarterly working group meetings will definitely
help increase knowledge and awareness of compliance and is a
step in the right direction.”
Peter Dunne of Cassels Brock says, “UDPs and CCOs need
ongoing regular communication with one another as a group.
There are common issues that all firms face and solutions that
should be shared. We are excited at Cassels Brock to be leading
this important initiative in the EMD marketplace across Canada.”
David Gilkes of North Star says, “The UDP and CCO must
set the tone at the top and develop a culture of compliance.
Compliance is a firm-wide responsibility and needs to be top of
mind. We look forward to helping firms improve and strengthen
their compliance knowledge and system.”
For anyone interested in participating or providing suitable
topics for this special EMDA UPD/CCO course and quarterly
meetings, please e-mail us at firstname.lastname@example.org.
Cassels Brock is a Canadian law firm of more than 200 lawyers
based in Toronto and Vancouver. With an emphasis on core practice
areas of securities, finance, mergers and acquisitions, corporate and
commercial law, taxation, international business and government
relations, the firm serves the transaction, advocacy and advisory
needs of the country’s most dynamic business sectors.
North Star Compliance & Regulatory Solutions Inc. is a
regulatory consulting that provides guidance and advice relating to
registration, compliance and enforcement of securities legislation
and other applicable laws and regulations to firms participating in
the Canadian capital markets.
Launching in 2012: EMDA UDP/CCO Certificate Course and Quarterly Meetings
Announcement - New EMDA Founding Sponsors
The EMDA is delighted to announce that WeirFoulds LLP and
PowerOne Capital Markets Limited have demonstrated their strong
support of the EMDA becoming our latest Founding Sponsors.
Geoffrey Ritchie, EMDA Executive Director remarked, “On
behalf of the EMDA, I would like to thank our new Founding
Sponsors for supporting the EMDA since its beginning. With their
renewed commitment to the EMDA, we will continue to strengthen
the exempt market industry across Canada.”
WeirFoulds LLP have been proud to serve the needs of
discriminating clients with their most difficult and complex legal
and business matters.
They are the firm of choice for clients with exceptionally
challenging problems within the chosen practice areas. For more
information please visit: www.weirfoulds.com
PowerOne Capital Markets Limited is a fully integrated merchant
bank dedicated to financing and providing advisory services to the
natural resource sector globally.
PowerOne and its principals have a depth of experience
in representing, advising, and assisting small to medium cap
companies in accessing capital, advising on mergers and
acquisitions and managing emerging growth businesses.
For more information please visit: www.poweronecapital.com