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Facing Challenges with Creative and Innovative Solutions
For Canadian financial markets to be attractive to all market participants, they must be, and must be seen to be, fair and efficient while maintaining protection for investors. The OSC continues to pursue creative and innovative solutions to new challenges and opportunities, to re-evaluate existing practices in light of changing circumstances, and to make decisions that keep pace with fast changing markets.
Leading the Way With a Four-Year Strategic Plan
The OSC has developed a four-year strategic plan that focuses on making our capital markets safer, more efficient and easier to access and use. Elements of the plan include:
- Promoting harmonization of regulatory systems both domestically and internationally, including the pursuit of a more effective national securities regulatory system
- Undertaking prevention-oriented activities, including proactive public education
- Taking a risk-based approach to regulation
- Being less prescriptive and more flexible in our regulatory approach wherever practical
Key Outcomes
Our strategic plan identifies specific initiatives and results to achieve the following outcomes:
- Ontario’s capital markets and financial services regulatory system will be fully consolidated, harmonized nationally, and coordinated internationally.
- Regulatory interventions in Ontario will be timely, balanced and proportionate to the risks involved.
- Investors, issuers and other market participants who use the Ontario capital markets will be afforded access, protection, education and information at levels similar or superior to those of the best of our peer group.
Click here for a review of our initiatives and outcomes for fiscal 2003.