On February 12, 2009, some of the long awaited regulations implementing certain consumer protection provisions of “Bill C-37”, formally known as An Act to amend the law governing financial institutions and provide for related and consequential amendments, S.C. 2007, c.6 (the “Act”) came into force. These regulations provide the details of the changes identified in the 2006 Government White Paper to improve disclosure as a foundational pillar towards enhancing the interests of consumers.

type Financial Services Client Update - March 2009 - Canadian Financial Institution Consumer Protection Regulation Now In Force