Morrison & Foerster LLP (JD Supra Canada)
4 results for Morrison & Foerster LLP (JD Supra Canada)
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Canada Confirms Tokens May Be Securities and Pacific Coin Is the Test
The list of jurisdictions that are silent on the question of whether blockchain tokens may be securities has grown smaller. Less than a month after the U.S. Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS) each issued guidance regarding the application of their respective securities laws to token sales, Canada has weighed-in with a warning that largely is
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Canada’s New Extractive Sector Transparency Measures Act and its Implications for Companies Subject to the U.S. Foreign Corrupt Practices Act
On June 1, 2015, Canada’s Extractive Sector Transparency Measures Act (“ESTMA” or “the Act”) came into force. Approved in December 2014, but not in force until this month, the Act requires companies in the extractive sector to report annually on certain payments made to any level of government—including payments made to employees of state-owned corporations—both in Canada and abroad. In line with
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New Canadian Law Strengthens Plant Breeders’ Rights
In Canada, plant breeders’ rights are a form of intellectual property under the Plant Breeders’ Rights Act of 1990. The intent of the 1990 act was to encourage plant breeding in Canada by strengthening the protections for new varieties of plants and to provide Canada with better access to foreign varieties. An owner of a candidate variety is eligible for plant breeders’ rights under the 199
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A New Era of Canadian Anti-Corruption Enforcement?
This year has been a watershed in terms of Canada’s enforcement of its Corruption of Foreign Public Officials Act (“CFPOA”): • In January 2013, a record fine of CAD 10.35 million (USD 10.27 million) was imposed on Griffiths Energy International (“Griffiths Energy”), now known as Caracal Energy Inc., for paying a USD 2 million bribe in order to secure lucrative oil contracts in the Republic