CSA to Renew Terms of Chair and Vice-Chair to 2022

The Canadian Securities Administrators (CSA), the council of the securities regulators of Canada's provinces and territories, announced Thursday that it has renewed the terms of both the CSA Chair Louis Morisset and CSA Vice-Chair Kevin Hoyt.

Mr. Morisset is now currently President and CEO of the Autorité des marchés financiers, and Mr. Hoyt currently serves as CEO of New Brunswick’s Financial and Consumer Services Commission.

According to the official announcemnet, the terms have been renewed until June 30, 2022 to align with  the CSA’s 2019-2022 Business Plan.

In addition, the term of Grant Vingoe, Chair and CEO of the Ontario Securities Commission, as Chair of the Policy Coordination Committee, was also renewed until June 30, 2022.

Commenting on the news, Mr. Morisset stated that he felt honored to serve as the CSA Chair for the past six years, and to be able to bring the current CSA Business Plan to completion by 2022. In addition, he also said that, “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 CSA continually strives to adapt and harmonize its ever-growing body of work. This alignment is a further commitment to see our mandate through, and to provide all market participants with enhanced regulatory initiatives that drive our capital markets,”  added Mr. Hoyt.