About Stephen B. Kerr
Stephen Kerr practises general corporate/commercial law, with an emphasis on mergers and acquisitions, particularly in the financial services industry. A significant portion of Stephen's practice involves providing general counsel advice to both large and mid-size businesses (regardless of industry). Much of this advice concerns acquisition and divestment strategies, complex reorganizations and material commercial agreements. Stephen also advises on the incorporation and registration of banks, life insurance companies and insurance brokerages and has advised on various portfolio transfers among insurance companies and fraternal benefit societies. Stephen also advises on public and private financings for financial institutions, demutualizations and significant acquisitions and divestitures of financial institutions or their assets. Stephen provides ongoing assistance to financial services clients (among others) in a number of areas including advising on banking, insurance, and other political and regulatory matters, at both the provincial and federal level.
About Andrew S. Nunes
Andrew is a partner in the firm. His practice encompasses numerous aspects of corporate/commercial law, including asset and share acquisitions, reorganizations, joint ventures, strategic alliances, financings, outsourcings and customer/supplier arrangements in a broad range of industries. Andrew acts for a wide range of clients from blue-chip corporations to leading-edge technology companies, including a number of U.S. clients engaged in cross-border transactions. His practice includes a particular focus on information technology matters. In addition to buying and selling technology businesses and technology outsourcing, he regularly advises clients on a wide range of issues and agreements relating to the development, protection and exploitation of technology products and services, such as development, implementation, consulting, acquisition, licensing, distribution, maintenance and support, hosting, escrow, internet and e-commerce, open source software and social media. Andrew is a frequent speaker on technology and commercial law topics. He is the immediate past Chair of the Ontario Bar Association IT and E-Commerce Section and a prior member of the OBA Council. Andrew currently sits as a director of the York Technology Alliance.
About Fasken Martineau DuMoulin LLP
Fasken Martineau is a leading international business law and litigation firm with 700 lawyers, with offices in Vancouver, Calgary, Toronto, Ottawa, Montréal, Québec City, London, Paris and Johannesburg.
Their practice spans every sector of business, industry and government, providing strategic advice to a broad range of clients including close to half of the Fortune 100 companies. Fasken Martineau works with corporate clients (large, medium and small companies), government agencies, hospitals and health authorities, regulatory authorities, non-profit bodies and individual clients.
Their international excellence and broad industry expertise consistently garners accolades and top rankings worldwide from Chambers Global, International Financial Law Review's Guide to the World's Leading Financial Law Firms, and Canadian Legal Lexpert Directory.
For more information about Stephen B. Kerr, Andrew S. Nunes and Fasken Martineau DuMoulin LLP please visit: www.fasken.com
In the last several years, cloud computing has significantly changed the way businesses protect the integrity of their data. While there are huge advantages to this model – there are also significant costs especially with respect to compliance. Financial institutions adopt cloud computing solutions as part of their mainstream business operations they too must grapple with a stepped up regulatory environment.
The Office of the Superintendent of Financial Institutions (OSFI) recently issued a memorandum under its Guideline B-10 which focuses on the following concerns:
(i) confidentiality, security and separation of property:
(ii) contingency planning;
(iii) location of records;
(iv) access and audit rights;
(vi) Monitoring the material outsourcing arrangements.
The memorandum also reminds financial institutions that despite the competitive advantage cloud computing offers, they should prepare for the regulatory issues on the way particularly as suggested in OSFI’s Guideline B-10.
Going beyond the basics, the Knowledge Group has assembled a team of experts who will help you understand the most important aspects of OSFI’s Guideline B-10 with respect to cloud computing. They will present their thoughts and opinions on how to best comply with the associated requirements under Guideline B-10.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’