Decentralized finance: Regulation, growth, and legal enforcement
Decentralized finance (“DeFi”) is a financial alternative offered through various cryptocurrency platforms where liquidity pools are available to investors without the need for third-party lending institutions. In the years to come, the nascent DeFi industry may shape, transform and even...
The Consumer Privacy Protection Act (CPPA): Increasing accountability and transparency
In a recent MT Cybersecurity Blog, we discussed Bill C-11, the Consumer Privacy Protection Act (the “CPPA”), which was introduced on November 17, 2020, by the Minister of Innovation, Science and Industry with the aim of modernizing federal privacy law...
“Made in Canada” – What is happening to Privacy by Design under the CPPA?
“Privacy by Design” has long been understood as the “gold standard” of data protection and at the core of how to sustain privacy rights in the digital age. It is a concept that can be said to have been “made...
Consent and the business activities exemption: A dive into the Consumer Privacy Protection Act (CPPA)
Now in its Second Reading, Bill C-11, the Consumer Privacy Protection Act (“CPPA”), is moving ever closer to adoption. The opening remarks by the Bill’s sponsor, MP Navdeep Bains, emphasized the law’s focus on control and consent with the aim...
Initial Coin and Token Offerings may engage securities laws
With the rise in popularity of cryptocurrency, many small fintech businesses have begun developing their own coins and tokens. This has led to a rise in Initial Coin Offerings (“ICOs”) and Initial Token Offerings (“ITOs”) as a means to raise...
Canadian privacy law 2.0: Artificial intelligence (AI) and Bill C-11, the Consumer Privacy Protection Act
In a recent announcement, the Canadian federal Privacy Commissioner of Canada (“OPC”) released a report containing recommendations on how AI should be treated under Canadian privacy law, and what protections need to be in place to ensure AI applications reach...
The dawn of Canadian Privacy Law 2.0: The Consumer Privacy Protection Act introduced
The long-awaited overhaul of federal private sector privacy law, as outlined in our previous blog post, is finally here. The Digital Charter Implementation Act was introduced for First Reading on November 17, 2020, as Bill C-11. If enacted, the new...
Transport Canada’s Vehicle Cyber Security Strategy
Transport Canada (“TC”) has partnered with the U.S. Department of Transportation’s Volpe Center to develop TC’s Vehicle Cyber Security Strategy (“Vehicle Cyber Strategy”). The Vehicle Cyber Strategy is intended to set out forward-looking cyber security priorities for TC over the...
Myron Mallia-Dare leads a discussion on Quantum Computing in an episode of the Canadian RegTech Association’s podcast
RegTech Round-Up, "Quantum Computing 101"
Myron Mallia-Dare leads discussion on Quantum Computing and its application for regulated industries such as the financial services industry on a recent episode of the Canadian RegTech Association’s podcast. He is joined by Richard Moulds, the General Manager of Amazon...
M&A and cybersecurity – top nine ways to mitigate risk through due diligence
The authors would like to acknowledge the contribution of Iain Paterson, Chief Executive Officer at Cycura, a global team of leading cybersecurity experts headquartered in Toronto, Ontario. While the COVID-19 pandemic[1] is by no means over, increasing M&A activity and...
