The Ontario Securities Commission has published the latest memorandum of understanding between the commission and Ontario’s Minister of Finance.

The new MOU, executed on November 5, was published in Friday’s OSC Bulletin.

The MOU sets out that the finance minister and the chair of the OSC, “are committed to a strong and independent commission that is empowered to fulfill its statutory mandate efficiently and effectively and share the goal of establishing and maintaining a co-operative relationship that facilitates the efficient administration of the commission and fulfilment of its statutory responsibilities.”

The OSC and the finance minister are require to enter an MOU every five years.

IE