Skip to content

CSA Publishes Amendments to NI-31-103, Registration Requirements, Exemptions and Ongoing Registrant Obligations

The Canadian Securities Administrators (CSA), along with its participating jurisdictions, have published Amendments to NI-31-103, Registration Requirements, Exemptions and Ongoing Registrant Obligations, and to its allied companion policy, CP-31-103 (together, the Amendments). The Amendments once adopted will require registrants to address material conflicts of interest…

FSRA Discusses its Plans for Principles Based Regulation

As part of the Financial Services Regulatory Authority (FSRA) of Ontario’s mandate was the new regulator’s introduction of Principles Based Regulation (PBR), representing a marked shift from previous provincial regulatory regimes. The PBR approach integrates the current legislative scheme for the mortgage, insurance and financial…

Ontario Securities Commission Publishes 2019 Annual Report

The Ontario Securities Commission (OSC) has published its 2019 Annual Report (the Annual Report), providing a snapshot of the regulator’s initiatives and actions over the past year. In the Annual Report, the OSC noted that in 2018 -2019: • there were 68,366 registered individuals in…

Canadian Securities Administrators Introduce Eight Initiatives to Reduce Regulatory Burden for Investment Funds

The Canadian Security Administrators (CSA) have introduced for a ninety-day comment period ending December 11, 2019, eight initiatives (collectively, The Proposed Amendments) that seek to reduce the regulatory burden on investment funds by eliminating duplicate requirements, streamlining regulatory processes, codifying frequently-granted exemptions from certain rules…