Insurance
October 8, 2019 Occasional Contributors Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, Financial Compliance / Planning / Management, Fraud and Corruption, Government Budget, Throne Speech and Plans, Insurance, Sales, Marketing and Operations,
As previously reported, the Ontario government is moving ahead to support financial regulatory reform including by establishing the Financial Services Regulatory Authority (FSRA), the new Ontario provincial regulator for provincially regulated insurers, credit unions, loan and trust corporations, pension plans, mortgage brokers and certain auto insurance service providers.
burden reduction initiative, Deposit Insurance Corporation of Ontario, Financial Services Commission of Ontario, Financial Services Regulatory Authority of Ontario, fraud and abuse reduction strategy, mortgage brokering
June 26, 2019 Yosie Saint-Cyr, LL.B., Managing Editor Accounting Systems and Controls, Business and Legal Issues, Corporate Administration, Corporate Governance, E-Commerce, Finance and Accounting, Fraud and Corruption, Government Budget, Throne Speech and Plans, Insurance, Payroll and Personnel Management, Records Management and Retention, Sales, Marketing and Operations,
Effective June 8, 2019, the Ontario government launched the Financial Services Regulatory Authority of Ontario (FSRA), which is a new independent and self-funded regulator of financial services and pensions that is intended to help reduce regulatory burden, among other things.
Deposit Insurance Corporation of Ontario, Financial Services Commission of Ontario, Financial Services Regulatory Authority of Ontario, self-funded regulator of financial services and pensions, Stronger Fairer Ontario Act (Budget Measures) 2017
June 11, 2019 Occasional Contributors Business and Legal Issues, Corporate Administration, Environmental Issues, Finance and Accounting, Government Budget, Throne Speech and Plans, Insurance, Leadership and Management, Records Management and Retention, Sales, Marketing and Operations,
The new Environmental Emergency Regulations apply to a responsible person that owns or has the charge, management or control of any of the 249 listed hazardous substances located at any fixed land-based facility in Canada.
environmental emergency plan, Environmental Emergency Regulations, environmental matters, hazardous substances
April 9, 2019 Occasional Contributors Business and Legal Issues, Finance and Accounting, Fraud and Corruption, Insurance,
It is commonly known that contracts of insurance are contracts of utmost good faith, requiring the parties to deal with each other fairly and in good faith.
bad faith claim, breach of good faith, duty of good faith, good faith in insurance, reverse bad faith counterclaim
June 4, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, Financial Compliance / Planning / Management, Financial Management, Insurance, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Uncategorized
A failure to satisfy proper cut-off, completeness, existence, accuracy and ownership are common problems arising from weak or non-existent fixed asset policies. The overarching approach to satisfying these issues is to design and implement internal controls in proper policies and procedures.
accounting, accuracy, acquisitions, Apolone Gentles, approval, budgeting, capital budget, capitalizing, completeness, cut-off, depreciation, disposals, existence, fixed assets, insurance, Internal Controls, ownership, physical security, repairs and maintenance, Reporting, year-end
February 5, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Accounts payable and receivable, Business and Legal Issues, Corporate Governance, Cyberlaw, Internet Law, Fraud and Corruption, Insurance, IT, Privacy and Security
In August 2010, someone called The Brick’s accounts payable (AP) department, pretending to be from Toshiba Canada. The caller said he was new to Toshiba and needed some payment details. The Brick employee faxed the payment information to the number which the caller provided.
Apolone Gentles, BEC scam, Business Email Compromise Scam, cyber liability insurance, Cybersecurity, EFT, electronic funds transfers, Employee training, Internal Controls, phishing, social engineering, whaling
January 25, 2018 Occasional Contributors Business and Legal Issues, Finance and Accounting, Insurance
The Supreme Court of Canada recently denied leave to appeal in respect of the Alberta Court of Appeal’s decision in 852819 Alberta Ltd v Sovereign General Insurance Company, 2017 ABCA 76, leave to appeal denied 2017 CanLII 51468 (SCC) (“852819 Alberta”), which provides much needed clarification regarding the interpretation of the By-law Endorsement coverage common to most all-risk commercial property insurance policies in Canada. The defendant insurers were represented by the authors.
Alberta Building Code, building remediation, building warranty, by-law endorsement, by-law endorsement coverage, commercial property insurance, insurance, insurance law
September 12, 2017 Occasional Contributors Accounts payable and receivable, Business and Legal Issues, Corporate Administration, Corporate Governance, Finance and Accounting, Insurance, Sales, Marketing and Operations
Whether you win or lose, litigation can be an expensive endeavour. While some of those costs may ultimately be recovered from the other party in the course of the litigation, recent case law suggests that the premiums paid for After The Event (“ATE”) insurance (also known as adverse costs protection insurance) are unrecoverable.
after the event insurance, ATE insurance, litigation