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Thidas Senanayaka

As seen in: Lexology
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Articles by Thidas Senanayaka

CIRO Decision Highlights Tug-of-War Over Procedural Fairness in Securities Regulatory Enforcement

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By Doug Mcleod, Daniel Szirmak, Thidas Senanayaka
| Lexology Verified
A recent decision by a hearing panel of the Canadian Investment Regulatory Organization (CIRO) illustrates the ongoing tension between securities regulators’ efforts to enhance their enforcement powers in administrative proceedings and respondents’ corresponding attempts to assert enhanced procedural protections. Background The decision related to CIRO’s nearly four-year delay in bringing formal enforcement proceedings against Darren Carrigan, a CIRO-registered and dealing representative.
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Canada’s PFAS Reporting Requirements: What You Need to Know

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By Ryan McNamara, Lana Finney, Jonathan Kahn, Thidas Senanayaka
| Lexology Verified
The Government of Canada has provided additional guidance to stakeholders regarding compliance with a mandatory survey requiring manufacturers, importers and users of 312 per- and polyfluoroalkyl substances (PFAS) to report information about their activities in Canada during the 2023 calendar year. This mandatory survey obligation, which was initiated by way of a Notice issued under section 71 of the Canadian Environmental Protection Act, 1999 (the Notice), must be completed by January 29, 2025.
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