Lexpert US Guides

2018 Lexpert US Guide

The Lexpert Guides to the Leading US/Canada Cross-Border Corporate and Litigation Lawyers in Canada profiles leading business lawyers and features articles for attorneys and in-house counsel in the US about business law issues in Canada.

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66 | LEXPERT • June 2018 | www.lexpert.ca/usguide 1. CASL still vexing companies Those in charge of ensuring compliance around Canada's Anti-Spam Legislation (CASL) drew a collective deep breath and exhaled hard on June 7, 2017, as the fed- eral government issued an order-in-coun- cil delaying the coming into force date of CASL's proposed private right of action (PRA) until completion of a parliamen- tary review. The suspension was issued "in order to promote legal certainty for numer- ous stakeholders claiming to experience difficulties in interpreting several provi- sions of the Act while being exposed to litigation risk." The looming PRA had created a sense of urgency with businesses to make sure they were compliant with CASL. It was anticipated that the PRA could provide Regulatory requirements in Canada have wide- reaching effects for business and will continue to ramp up, potentially impacting cross-border competitiveness By Jennifer Brown AN EVOLVING REGULATORY LANDSCAPE Regulatory Ask in-house counsel and other business leaders what keeps them up at night and they will more than likely say that the growing regulatory and compliance bur- den has become the number-one thing that consumes their thoughts, especially as they relate to cross-border business and the ability to protect their organiza- tions from harm. As one in-house counsel remarked re- cently, "Change is often good, but politics continues to get in the way of a stable busi- ness climate." As businesses try to grow and innovate, it seems government finds more ways to complicate life and raise issues around risk mitigation. We look at three areas of regu- latory compliance that remain a top con- cern for in-house counsel and the business units they serve.

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