The Canadian Securities Administrators (CSA) including the Ontario Securities Commission (OSC) has published an update to National Instrument 81-106, Investment Fund Continuous Disclosure (NI 81-106).
Significant amendments to NI 81-106, which is the primary Canadian securities regulation that governs and mandates the continuous disclosure, financial reporting and filing requirements for all Canadian issuers, were published in April, concurrent with the Canadian Securities Administrators’ (CSA) Continuous Disclosure (CD) Modernization Project. The updates reduce regulatory burdens, align with International Financial Reporting Standards (IFRS), and eliminate redundant investor reporting.
National Instrument 81-106, Investment Fund Continuous Disclosure is available for download.
For more information, please call Barbara Hendrickson at BAX Securities Law (647) 403-4606.
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