Aug 30, 2024 | Investment Funds, Regulatory Compliance
This year, the annual filings for Form 13-502F4 Capital Markets Participation Fee Calculation are due by November 1, 2024. The form must be completed by firms registered under either or both the Securities Act (Ontario) and the Commodity Futures Act (Ontario), as well...
Sep 28, 2023 | Client-Focused Reforms (CFRs), Cyber-security and Data Privacy, Investment Funds, Regulatory Compliance
This month, the Canadian Securities Administrators (CSA) released its ‘Year in Review’ which summarizes the activities of the provincial and territorial regulators over the past year (July 1, 2022 – June 30, 2023) (the Report). The Report outlines the CSA’s strategic...
Sep 28, 2023 | Investment Funds, Regulatory Compliance
Registrants in Ontario should have already received an email directly from the Ontario Securities Commission (OSC) reminding them of the changes in the deadlines to file 2023 Fee Forms and pay applicable capital markets participation fees. Along with all firms...
Jul 31, 2023 | Regulatory Compliance
The Canadian Securities Administrators (CSA) announced on July 20 with effect from July 21, 2023, that they were issuing substantively harmonized exemptions from the requirement to file certain private placement forms [Form 45-106F1 Report of Exempt Distribution]...
Jun 30, 2023 | Regulatory Compliance
On June 1, the Canadian Securities Administrators (CSA) issued an update announcing that the much anticipated launch of SEDAR+ was being postponed, with a revised launch date of July 25, 2023, and a contingency date of September 12, 2023. To ensure that organizations...
May 31, 2023 | Regulatory Compliance
The Canadian Securities Administrators (CSA) members are providing exemptions from a number of filing requirements which are connected to the switch over to SEDAR+. As the switch over occurs, SEDAR+ will be unavailable from June 9 to at least June 13. In effect, the...
May 31, 2023 | Regulatory Compliance
As last mentioned in both our February 2023 and March 2023 bulletins, SEDAR+ is expected to launch on June 13, 2023. While the deadline for onboarding filers needing access to the system on the first day it is operational has passed, issuers will still be permitted to...
Mar 31, 2023 | Regulatory Compliance
With SEDAR+ set to replace SEDAR on June 13, 2023, the Canadian Securities Administrators (CSA) published two advance notices for the adoption of certain rules which will serve to support the transition. The first notice pertains to the CSA’s repeal and replacement of...
Jun 30, 2022 | Client-Focused Reforms (CFRs), Regulatory Compliance
Identifying OAs: Regulators have been busy with the implementation of the client focused reforms (CFRs) and the recent amendments to National Instrument 33-109 Registration Information (NI 33-109) and National Instrument 31-103 Registration Requirements, Exemptions...
May 31, 2022 | Regulatory Compliance
A friendly reminder that amendments to legislation clarifying the “Outside Activity” (OA) reporting framework and modernizing registration information requirements will be coming into force on June 6, 2022. These amendments are meant to establish a more efficient...
May 31, 2022 | Client-Focused Reforms (CFRs), FAQs, Regulatory Compliance
Since the enhancements introduced as part of the Client Focused Reforms (CFR) came into force in 2021, the Canadian Securities Administrators (CSA) has been providing the industry with additional guidance by publishing an FAQ with a few updated responses to questions...
Sep 30, 2021 | Regulatory Compliance
We would like to remind our clients of a few items to consider with respect to their NRD filing obligations, so that filings are made (and approved) as quickly as possible. When filing a new individual registration on Form 33-109F4 – Registration of Individuals and...
