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tracking and recording of ISCs

By Occasional Contributors | 3 Minutes Read May 23, 2019

New ownership transparency requirements for federal corporations

As a result of recently passed amendments to the federal Canada Business Corporations Act (CBCA), corporations incorporated under that statute will soon be required to maintain a register of individuals with "significant control" over the corporation (an ISC Register).

Article by Occasional Contributors / Business / Canada Business Corporations Act, corporate responsibility, individuals with significant control ISCs, ISC register, tracking and recording of ISCs

By Occasional Contributors | 3 Minutes Read April 30, 2019

Behind the corporate veil: New ownership record rules in Canada

On December 13, 2018, Bill C-86 received royal assent. This Bill contains a series of amendments to the CBCA pertaining to the tracking and recording of "individuals with significant control" ("ISCs") over a corporation.

Article by Occasional Contributors / Business / Canada Business Corporations Act, corporate responsibility, individuals with significant control ISCs, ISC register, tracking and recording of ISCs

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