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Pension regulators in Canada are transforming how they regulate.  There is increased interest in risk, particularly in areas like cybersecurity and climate change. Ontario’s pension regulator can now levy administrative monetary penalties for not only late filings but general breaches of the pension legislation, and has announced a new plan examination process. The federal regulator has reorganized and is issuing guidance applicable to both pension plans and other regulated entities, such as banks, despite differences between the two. AI will no doubt be the regulatory radar. The new priority for pension plan deficits in employer insolvencies may also have an impact. 

Sponsors and administrators of pension plans need to understand and be prepared for the shifting regulatory climate and being more actively regulated. Join Torys LLP partners Tom Stevenson and Stephanie Kalinowski to learn about what’s on the mind of the pension regulators and help you understand what your organization should be thinking about in order to safely navigate the changing regulatory environment. 

 

For members of the Law Society of Ontario, this program is eligible for up to 1.5 Substantive Hour(s).

AI Accountability: 14 Questions the General Counsel Should Ask
Meredith Brown, Senior Managing Director (FTI Consulting)
3 pages

Alongside their counterparts across IT, security, privacy, etc., general counsel should work to address four central categories of AI accountability: who may be impacted, organizational risks, ethics and financial considerations.

This article outlines essential questions the general counsel can ask to strengthen governance across these pillars.

Resource Details
Interest Area: Information Governance, Employment and Labor, Technology, Privacy, and eCommerce
Region: Global

Pressure is rising for companies to use AI to gain a competitive advantage (or to not fall behind). AI promises tremendous innovation and productivity gains, but new regulations, copyright and IP issues, ethical use concerns, and AI safety risks can feel overwhelming. This session will explore the creation of a comprehensive, effective, and “doable” AI Governance program through a combination of AI policies and processes. Learn to navigate both current and future risks and requirements, including evolving regulations, copyright and IP issues, and the ethical and safe use of AI. A smart AI Governance program enables both compliance and risk reduction and faster deployment.

With increasing data volumes, conflicting privacy requirements, remote work, and AI governance, traditional records policies and schedules fall short of modern needs and expectations. More and more, companies are adopting modern, compliant, and easier-to-execute schedules. This session will explore strategies for meeting retention and privacy demands, aligning schedules with AI governance, gaining cross-functional agreement, ensuring employee compliance, and automating retention processes.

This session will examine the new EU cybersecurity laws hitting multinationals in January 2025, including the Network and Information Security (NIS) Directive, the Digital Operational Resilience Act (DORA), and the European Cyber Resilience Act (CRA). These laws involve a multitude of essential sectors including health, food production, financial services, and SaaS services and will involve the widening of how companies will have to deal with data incidents beyond personal data.

Presented in cooperation with Shoosmiths LLP

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In the last year, 53 percent of companies have experienced a third-party data breach, and global regulatory bodies are increasingly incorporating data breaches into environmental, social, and governance ratings and reporting guidelines. As data breaches persist as a cost and risk of business, companies and their legal teams must improve how they manage and respond when a breach occurs. This interactive session will simulate some of the recent developments within breach response and proactive measures in-house counsel can take to mitigate risks.


Presented in cooperation with FTI Consulting

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Dive into the heart of Asia's complex privacy and cybersecurity landscape in this engaging panel discussion. Explore the complexities and challenges organizations face when navigating laws across Asian jurisdictions, and learn practical strategies tailored to the unique regulatory environment of the region. From understanding cultural nuances to addressing the evolving legal landscape, this session is a must-attend for professionals seeking to fortify their organizations against privacy and cybersecurity risks. Gain a comprehensive understanding of the challenges and chart a course towards compliance excellence.

Attendees and panelists will work together in team to discover best practices and potential pitfalls in a simulated in-house investigation. This session will provide practical tools and a robust framework for approaching challenging situations. Walk away with valuable insights, equipped to navigate and conduct in-house investigations effectively, ensuring a proactive and informed approach to potential workplace issues.

Ease your concerns about the Corporate Transparency Act (CTA) and Ultimate Beneficial Owner (UBO) regulations around the globe. Since its implementation on January 1, the CTA aims to make corporate ownership more transparent and to combat money laundering, terrorist financing, and other illicit activities. Join this session to learn more about CTA exemptions, enforcement actions, and what may be coming in 2025 and beyond.

Presented in cooperation with CSC Global

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