{"id":4120,"date":"2025-04-01T12:56:28","date_gmt":"2025-04-01T16:56:28","guid":{"rendered":"https:\/\/cfacanada.org\/canadian-securities-laws-artificial-intelligence-capital-markets\/"},"modified":"2025-07-23T11:31:28","modified_gmt":"2025-07-23T15:31:28","slug":"canadian-securities-laws-artificial-intelligence-capital-markets","status":"publish","type":"post","link":"https:\/\/cfacanada.org\/fr\/canadian-securities-laws-artificial-intelligence-capital-markets\/","title":{"rendered":"CSA – Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets"},"content":{"rendered":"
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CSA – Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets<\/h1>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n\n

T\u00e9l\u00e9charger le PDF :<\/h2>\n\n\n\n

CSA – Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets<\/a><\/p>\n\n\n\n

<\/div>\n\n\n\n

R\u00e9sum\u00e9 de la lettre :<\/h2>\n\n\n\n

La consultation passe en revue la r\u00e9glementation actuelle sur les valeurs mobili\u00e8res et les r\u00e8gles de l’OCRCVM r\u00e9gissant la vente \u00e0 d\u00e9couvert au Canada et r\u00e9sume les r\u00e9ponses \u00e0 la consultation pr\u00e9c\u00e9dente sur la vente \u00e0 d\u00e9couvert activiste. Sur la base d’un examen plus approfondi, les ACVM et l’OCRCVM ont d\u00e9termin\u00e9 que le r\u00e9gime r\u00e9glementaire actuel est conforme aux principes de r\u00e9glementation efficace de la vente \u00e0 d\u00e9couvert d\u00e9finis par l’OICV et qu’ils n’ont re\u00e7u aucune preuve sp\u00e9cifique de probl\u00e8mes li\u00e9s \u00e0 des campagnes de vente \u00e0 d\u00e9couvert activistes. Un certain nombre de questions sp\u00e9cifiques sont pos\u00e9es pour savoir si le march\u00e9 a chang\u00e9 pour soutenir l’introduction de nouvelles exigences, telles que l’obligation pour un courtier de confirmer la capacit\u00e9 d’emprunter des titres avant d’accepter un ordre de vente \u00e0 d\u00e9couvert, et si des exigences suppl\u00e9mentaires en mati\u00e8re de transparence publique devraient \u00eatre envisag\u00e9es.<\/p>\n\n\n\n

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Aper\u00e7u des commentaires du Conseil :<\/h2>\n\n\n\n

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Le CAC a soutenu une approche fond\u00e9e sur des principes et neutre sur le plan technologique, qui favorise l’innovation tout en g\u00e9rant les risques. Parmi les principales recommandations figuraient :<\/p>\n\n\n\n

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  • Utiliser des bacs \u00e0 sable, des examens et des avis pour rester flexible<\/li>\n<\/ul>\n\n\n\n
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    • Encourager une gouvernance de l’IA dirig\u00e9e par les entreprises, plut\u00f4t que des r\u00e8gles prescriptives<\/li>\n<\/ul>\n\n\n\n
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      • Prot\u00e9ger les donn\u00e9es personnelles gr\u00e2ce \u00e0 une surveillance rigoureuse<\/li>\n<\/ul>\n\n\n\n
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        • Aligner la surveillance humaine sur les risques et l’utilisation de l’IA<\/li>\n<\/ul>\n\n\n\n
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          • Une surveillance pond\u00e9r\u00e9e en fonction des risques pour les syst\u00e8mes complexes<\/li>\n<\/ul>\n\n\n\n
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            • Des orientations sur l’explicabilit\u00e9 dans les cas d’utilisation \u00e0 haut risque<\/li>\n<\/ul>\n\n\n\n
                \n
              • Autoriser l’IA dans les fonctions \u00e0 faible risque des entit\u00e9s enregistr\u00e9es sous surveillance<\/li>\n<\/ul>\n\n\n\n
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                • Explorer le r\u00f4le de l’IA dans la r\u00e9duction des co\u00fbts de conformit\u00e9<\/li>\n<\/ul>\n\n\n\n
                    \n
                  • Clarifier les attentes en mati\u00e8re de surveillance de l’IA par des tiers<\/li>\n<\/ul>\n\n\n\n
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                    • Traiter les risques syst\u00e9miques tout en soulignant le potentiel de l’IA pour les att\u00e9nuer<\/li>\n<\/ul>\n\n\n\n


                      <\/p>\n","protected":false},"excerpt":{"rendered":"

                      T\u00e9l\u00e9charger le PDF : CSA – Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets R\u00e9sum\u00e9 de la lettre : La consultation passe en revue la r\u00e9glementation actuelle sur les valeurs mobili\u00e8res et les r\u00e8gles de l’OCRCVM r\u00e9gissant la vente \u00e0 d\u00e9couvert au Canada et r\u00e9sume les r\u00e9ponses \u00e0 […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-4120","post","type-post","status-publish","format-standard","hentry","category-csa-fr"],"acf":[],"featured_image_src":null,"author_info":{"display_name":"clloyd@cfacanada.org","author_link":"https:\/\/cfacanada.org\/fr\/author\/clloydcfacanada-org\/"},"yoast_head":"\nCSA - Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets - 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