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Notice of Coming into Effect – Memorandum of Understanding – Cooperation and the Exchange of Information Related to the Supervision of Regulated Entities Operating in Ontario and Singapore
On July 15, 2021, the Ontario Securities Commission (OSC) entered into a Memorandum of Understanding with the Monetary Authority of Singapore concerning regulatory cooperation related to the supervision and oversight of regulated entities operating in Ontario and Singapore (the "MOU").
The MOU came into effect on September 21, 2021, pursuant to section 143.10(4) of the Securities Act (Ontario).
The MOU provides a comprehensive framework for consultation, cooperation and information-sharing related to the day-to-day supervision and oversight of regulated entities and enhances the OSC's ability to supervise these entities.
Questions may be referred to: