TORONTO – Securities regulatory authorities in Ontario, Québec, British Columbia and Alberta (the participating jurisdictions) issued today a multilateral staff notice reminding market participants that the Canadian Dollar Offered Rate (CDOR) will cease to be published after a final publication on Friday, June 28, 2024. If market participants have not already adopted appropriate transition arrangements for
TORONTO – The securities regulatory authorities of British Columbia, Alberta, Saskatchewan, Ontario, Québec, New Brunswick, Nova Scotia, Yukon and Northwest Territories today published proposed changes to assurance report requirements for designated benchmarks to address certain technical issues encountered by accounting firms when preparing these reports. The proposed amendments to the assurance report requirements in Multilateral
Toronto – The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada. The amendments to National Instrument 24-101 Institutional Trade Matching and Settlement align with the industry’s move reduce the time by which institutional trades
Toronto – The Canadian Securities Administrators (CSA) today published final amendments that would help mutual funds that voluntarily shorten their trade settlement cycles from two trading days to one (T+1), following the transition by North American securities markets to T+1 settlement this month. The amendments accommodate a range of settlement cycles for mutual funds, including
Toronto – The Canadian Securities Administrators (CSA) today published two research reports that examined the investment fund industry and investor behaviour following the implementation of the Client Relationship Model Phase 2 (CRM2) Amendments. CRM2 improved how financial information is disclosed to investors by requiring greater transparency about the cost and performance of client accounts. The research findings
