Resources - Black Swan Diagnostics

13 Dec

Registering Your Money Services Business (MSB) in Canada

December 15, 2022
By Jack Bensimon
0 comments

Suppose you operate a Money Service Business (MSB) in Canada without realizing it. You could wind up in hot water if you fail to register with the Financial Transactions and Repo...

26 Oct

Middle East Expansion

The Abraham Accords in the UAE: Implications for Foreign Asset Managers

October 26, 2022
By Brian Tanner
0 comments

When the Abraham Accords were passed in August 2020, it formally established business ties between Israel and the United Arab Emirates (UAE).

03 Oct

Corporate Law, Cryptocurrency

Blockchain Enhancements In Corporate Governance

October 26, 2022
By Jack Bensimon

Blockchain technology has created new opportunities for corporations. Blockchain, or otherwise referred to as Distributed Ledger Technology (DLT), is an immutable digital ledger ...

03 Oct

Cryptocurrency, Securities Law

Digital Currency: Securities Regulatory Implications

October 26, 2022
By Jack Bensimon

The Extraterritorial Reach of the SEC As a lead statutory securities regulator, the SEC yields tremendous auth...

03 Oct

Cryptocurrency

The Impact Of Digital Currency: Key Lessons Learned

October 26, 2022
By Jack Bensimon

Although the case-law is sparse owing to the nascency and emerging nature of blockchain and the lack of widespread digital currency adoption, the use of digital currency to raise...

03 Oct

Corporate Law, Cryptocurrency

Security Token Issuances: Board Considerations

October 26, 2022
By Jack Bensimon

When a company issues a digital currency to raise capital and have token holders use its token to validate intrinsic value and trade on a secondary marketplace, corporate boards ...

03 Oct

Corporate Law, Cryptocurrency

Voting Rights And ‘Smart Contracts’: Compliance Automation

October 26, 2022
By Jack Bensimon

In 1976, two Stanford University authors published a seminal paper on cryptography discussing the concept of a mutual distributed ledger (although not using that term)—the same c...

03 Oct

Securities Law

What Are Some Issues And Concerns During A Takeover Bid (TOB)?

October 26, 2022
By Jack Bensimon

Primary Objectives in a TOB The board of the seller is typically looking at avenues to enhance shareholder value, o...

03 Oct

Securities Law

How Can We Improve The Existing Canadian Takeover Bid (TOB) Regime?

October 26, 2022
By Jack Bensimon

Takeover Bids (TOB) serve an important role in the promotion of strong corporate governance – termed the market for ‘corporate control’, bids, and the threat of bids. TOBs serve ...

03 Oct

Corporate Law, Securities Law, Uncategorized

What Are Some Differences In Shareholder Protections Between The Canadian And U.S. Take-Over Bid (TOB) Regime?

October 26, 2022
By Jack Bensimon

I INTRODUCTION The Canadian takeover bid (TOB) regime under MI 62-104 (“62-104”) regu...