Author: Barry Sookman

Computer and Internet Weekly Updates for 2022-04-30Computer and Internet Weekly Updates for 2022-04-30



OSFI B10 Guideline

OSFI consults on third-party risks in updated B-10 GuidelineOSFI consults on third-party risks in updated B-10 Guideline



Yesterday, the Office of the Superintendent of Financial Institutions (OSFI) began a consultation on an updated Draft Guideline B-10 – Third-Party Risk Management. The draft guideline sets out enhanced third-party risk management expectations for federally regulated financial institutions such as banks, insurance companies, and some credit unions (FRFIs).

OSFI has provided guidance on outsourcing to FRFIs since 2001 in its B10- Outsourcing Guideline. That Guideline has evolved with revisions in 2003 and again in 2009. The guidance has shaped FRFI’s risk management processes and contractual terms with outsourcers since its inception.…

Computer and Internet Weekly Updates for 2022-04-23Computer and Internet Weekly Updates for 2022-04-23



Computer and Internet Weekly Updates for 2022-04-16Computer and Internet Weekly Updates for 2022-04-16



Computer and Internet Weekly Updates for 2022-04-09Computer and Internet Weekly Updates for 2022-04-09



Copyright reform

Copyright amendments in budget 2022Copyright amendments in budget 2022



The budget revealed several initiates to amend the Copyright Act. Specifically, the budget reveals the government’s intention to amend the Copyright Act to implement Canada’s term extension obligations under the CUSMA and to ensure fair remuneration  for copying in the educational sector.

Here is what the government has planned.

In Budget 2022, the government proposes to introduce amendments to the Copyright Act to extend the general term of copyright protection from 50 to 70 years after the life of the author as agreed under the Canada-United States-Mexico Agreement.

Computer and Internet Weekly Updates for 2022-04-02Computer and Internet Weekly Updates for 2022-04-02



Computer and Internet Weekly Updates for 2022-03-26Computer and Internet Weekly Updates for 2022-03-26



Computer and Internet Weekly Updates for 2022-03-19Computer and Internet Weekly Updates for 2022-03-19



Computer and Internet Weekly Updates for 2022-03-12Computer and Internet Weekly Updates for 2022-03-12