Topic: I Just Engaged Fasken LLP to Advise on BC Securities Laws (Read 114 times)

Hi all,

I work for Coral Health. We just engaged the Canadian law firm Fasken Martineau DuMoulin LLP (Fasken) to advise on British Columbia securities laws and to guide any discussions with our jurisdiction’s regulator, the British Columbia Securities Commission (the BCSC).

Very interested to hear how other companies have been able to find reliable advice on securities laws in their areas. We're really excited to have found Fasken in BC! 

Here's some context on our decision from a recent blog we wrote.

"Coral Health has engaged the Canadian law firm Fasken Martineau DuMoulin LLP (Fasken) to advise on British Columbia securities laws and to guide any discussions with our jurisdiction’s regulator, the British Columbia Securities Commission (the BCSC). The BCSC continues to work closely with local [Suspicious link removed]panies to ensure that any sales of cryptographic tokens sold by local [Suspicious link removed]panies are sold in compliance with British Columbia securities laws. Fasken is highly experienced in British Columbia securities law and has advised a number of British Columbia [Suspicious link removed]panies on how to ensure that token sales are conducted in accordance with British Columbia securities laws, consulting frequently with the BCSC to seek guidance where necessary. 

Coral Health has worked hard to build an ecosystem that will provide immediate value to our member community, and from the beginning we have diligently designed applications in which our tokens are integral to the functionality of the system.   

The time of [Suspicious link removed]panies being able to sell just an idea are over. It’s imperative for companies planning to sell tokens to show that their company has working products that provide demonstrable benefits. Already, our team has developed compelling products and secured key partners committed to piloting and deploying those products. This approach is what sets companies like Coral Health apart from companies like Munchee. While adjusting to this new reality may be painful in the short-term, it filters out scam projects and helps the truly innovative companies stand out.   

To learn more about Coral Health visit our website, or join our Telegram community to engage directly with our team!"