OPC (Canada) · August 31, 2026
OPC Publishes New Guidance for Financial Reporting Entities on Submitting Codes of Practice
The Privacy Commissioner of Canada has issued new guidance directed at financial reporting entities on the process for submitting codes of practice. Details of the guidance's substantive requirements were not included in the available excerpt.
What Was Announced
The Office of the Privacy Commissioner of Canada (OPC) issued a news release on July 9, 2026, announcing the publication of new guidance for financial reporting entities. The guidance concerns the process of submitting codes of practice to the OPC. The excerpt provided consists only of the news release header and does not include further substantive detail on the content, scope, or legal basis of the guidance.
Limited Available Detail
Because the source material available for this summary is limited to the title of the release, we cannot confirm specifics such as which statutory framework governs the codes of practice process, what obligations financial reporting entities face, submission timelines, or how the OPC will assess submitted codes. Organizations seeking to act on this development should consult the full guidance document directly at the OPC's official publication.
What This Means
Financial reporting entities that may be subject to Canadian privacy oversight should monitor the OPC's official guidance page for the full text of this publication, as the news release signals a new formal pathway or expectation around submitting codes of practice. Privacy and compliance teams at affected organizations should identify whether their institution falls within the scope of "financial reporting entities" referenced by the OPC, and should review the complete guidance once accessed to determine any procedural or substantive obligations, including submission format, review criteria, and timing. Given the limited detail in this excerpt, organizations should treat this summary as a pointer to a development requiring direct follow-up with the primary OPC source rather than a comprehensive account of its requirements.