James Langton
The first wave of covid-19 put regulatory policymaking on pause last spring, but as the second wave rages, a vision for post-pandemic regulation is taking shape.
Ordinarily, the Ontario Securities Commission (OSC) holds a consultation each spring on its policy priorities for the coming year. Last year, however, the OSC skipped this exercise, as the investment industry and regulators scrambled to deal with the pandemic’s immediate economic, financial and operational effects.
Having scrapped the traditional springtime consultation, the OSC instead issued its proposed priorities for fiscal 2022 in mid-November. The responses to those priorities reveal how the pandemic is shaping expectations for the future of regulation.