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Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Global | Publication | January 2019
On December 20, Health Canada announced the opening of its consultation period on the regulations that will allow cannabis edibles, extracts and topicals to be sold in Canada. This consultation represents the next significant step in Canada’s cannabis legalization effort. Along with the consultation comes draft regulations that will give industry an opportunity to get an idea of the requirements they will need to meet. The draft regulations along with the Regulatory Impact Analysis Statement weigh in at a hefty 195 pages. Here are some of the key details.
Product | THC per “discrete unit” (e.g. one edible or one vape cartridge) | Total THC per package |
Edibles | 10 mg | 10 mg |
Extracts | 10 mg | 1000 mg |
Topicals | N/A | 1000 mg |
Health Canada will be accepting comments on the proposed regulations until February 20, 2019. The federal government is targeting October 17, 2019, as the date on which the new regulations will go into effect.
The author wishes to thank articling student Daniel Weiss for his help in preparing this legal update.
Publication
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Publication
Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.
Publication
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.
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