OSB Issues New Guidance: What Licensed Insolvency Trustees Must Know about AI Tools

In recognition of the widespread adoption and integration of generative artificial intelligence (AI) within organizations, Canadian regulators, public bodies and courts have and continue to release guidance to mitigate the potential risks of using AI tools. On October 14, 2025, the Office of the Superintendent of Bankruptcy (OSB) published guidance regarding the use of AI tools by Licensed Insolvency Trustees (LITs) and their staff, in efforts to protect the integrity of the Canadian insolvency…
By: Bennett Jones LLP