All counterparties to OTC derivative transactions defined under OSC Rule 91-507 must have an LEI

News – May 2026

DORA Has Applied Since January 2025. What Canadian Businesses Need to Know

The EU’s Digital Operational Resilience Act (DORA) became applicable on 17 January 2025. For many Canadian businesses – especially those providing technology services to regulated financial institutions in the EU – this regulation introduces a concrete new requirement that directly affects them: EU financial entities must record a standardized identifier for each ICT third-party service … Continued