Participating jurisdictions for this theme are British-Columbia, Alberta, Quebec and New-Brunswick
Data privacy laws in many international jurisdictions are developing in a manner that aims to give consumers or investors greater rights to control their own data. This has manifested in a number of ways, including new laws requiring businesses to, upon request by the individual, communicate to the individual or a third party computerized personal information collected by the businesses in a structured and commonly used technological format.
Although data portability laws have not yet been adopted in most provincial jurisdictions of Canada, it is nevertheless important for CSA staff to better understand from industry participants how incoming technological or regulatory changes can affect how the participants comply with securities regulation.
Our first theme will seek to provide the CSA with a greater understanding of the impacts of data portability solutions and in particular the collection, analysis and transfer of client data using digital means, which is sometimes referred to as e-KYC solutions.
We welcome feedback and comments from any interested parties from all jurisdictions in Canada or abroad.
View the consultation and submit your comments on Phase 1 by Mai [XX], 2025.