Canada:
OSC Enforcement Branch To Launch Mediation Pilot Program
22 April 2015
Stikeman Elliott LLP
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The OSC has announced that
beginning on May 1, its Enforcement Branch will launch a pilot
mediation program for respondents involved in enforcement
proceedings before the OSC. Under the pilot program, respondents
will have the option of participating in a mediation with an
independent third-party mediator pursuant to standard terms of a
mediation agreement, including confidentiality terms. A settlement
agreement arising from mediation would still have to be approved by
the OSC at a settlement approval hearing. Further information on
the program is available on the
OSC website.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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