The Canadian Securities Administrators (CSA) recently finalized and expanded the mandatory transparency requirements (the transparency requirements) regarding for government debt securities and corporate debt securities. These changes amend National Instrument 21-101 Marketplace Operation and its related Companion Policy (together, NI -21-101). With these changes, information…
First Published April 3, 2020; Updated April 16, 2020, May 1, 2020 and May 13, 2020 On May 13, 2020 the Canadian Securities Administrators (“CSA”) published an update to the CSA staff’s views on frequently asked questions (FAQs) about the exemptions from certain corporate finance…
Toronto – The Canadian Securities Administrators (CSA) published on May 20, 2020 blanket orders that provide investment funds and non-investment fund issuers with temporary relief from certain regulatory filings and delivery obligations, as a result of the COVID-19 pandemic. The conditions of the relief are substantially the same…
The Canadian Securities Administrators (CSA) announced on May 1, 2020 it is providing public companies with temporary blanket relief from certain filing and delivery requirements, which are generally tied to the sending of materials for annual general meetings (AGMs) of public companies. Ontario Instrument 51-504 ‘Temporary Exemptions…
On May 1st, 2020 the Canadian Securities Administrators (“CSA”) published an update to the CSA staff’s views on frequently asked questions (FAQs) about the exemptions from certain corporate finance requirements provided by the CSA that apply to reporting issuers and other issuers that are not…
On January 9, 2019 the Canadian Securities Administrator (CSA) including the Ontario Securities Commission (OSC) published a consultation paper ‘Consideration of an Access Equals Delivery Model for Non-Investment Fund Reporting Issuers’ (the Consultation Paper) to provide a forum for discussion on the appropriateness of an access…
The Ontario Securities Commission (OSC) has provided temporary relief to market participants by waiving all late fees that accumulate between April 17, 2020 and June 1, 2020. This is estimated to result in over $300,000 of relief to issuers, registrants and insiders during the relief period. Recently, blanket…
On April 16, 2020 the Canadian Securities Administrators (CSA) published an update to CSA Staff Notice 51-360 “Frequently asked questions regarding filing extension relief granted by way of a blanket order in response to COVID-19” (CSA Staff Notice) which was first published on April 3,…
On April 16, 2020, the Canadian Securities Administrators (the CSA) published CSA Notice 31-357 which will allow more time for registered firms and individuals (registrants) to implement certain provisions of the Client Focused Reforms (CFRs). All members of the CSA have issued parallel orders extending…
The Canadian Securities Administrators (CSA) announced on April 17, 2020 temporary blanket relief that permits mutual funds to engage in additional short-term borrowing from April 17, 2020 to July 31, 2020. The conditional temporary relief is available to any mutual fund in Canada that invests a portion…