Close of businesswoman making announcement in paper trumpet

The umbrella group of Canada’s securities regulators, the Canadian Securities Administrators (CSA), has renewed its leadership team until mid-2022.

On Thursday, the group renewed the term of its chair, Louis Morisset, president and CEO of the Autorité des marchés financiers; vice-chair, Kevin Hoyt, CEO of New Brunswick’s Financial and Consumer Services Commission; and chair of the CSA’s policy coordination committee, Grant Vingoe, chair and CEO of the Ontario Securities Commission.

The terms for all three have been extended until June 30, 2022, which the CSA said aligns with its current business plan.

“It has been my pleasure to serve as the CSA chair for the past six years, and my honour to be able to bring the current CSA business plan to completion by 2022,” Morisset said in a release.

“I am grateful for the continued support of my colleagues and the commitment of our members to maintain and improve, not only our collaborative work to further develop harmonized regulation and protect investors, but also to strengthen our evolving relationships with all CSA stakeholders.”

The extensions for the CSA leadership follow the announcement that the Capital Markets Authority Implementation Organization, which was leading the effort to adopt a new cooperative federal-provincial regulatory model, suspended operations, effectively putting an end to harmonized national regulation.