Canadian Securities Matters - Q4 2024

This edition provides a summary of newly effective and forthcoming regulatory matters in Canada in the quarter ended December 31, 2024.

Canadian securities: New guidance

• CSA Notice Regarding Coordinated Blanket Order 96-932 Re: Temporary Exemptions from Certain Derivatives Data Reporting Requirements
• CSA Multilateral Staff Notice 58-317 - Review of Disclosure Regarding Women on Boards and in Executive Officer Positions
  
• CSA Notice of Amendments to National Instrument 41-101 General Prospectus Requirements, National Instrument 81-101 Mutual Fund Prospectus Disclosure, and Related Consequential Amendments and Changes – Modernization of the Prospectus Filling Model for Investment Funds
  
• CSA Staff Notice 51-365 Continuous Disclosure Review Program Activities for the Fiscal Years Ended March 31, 2024, and March 31, 2023
  
• OSC Staff Notice 81-736 – Summary Report for Investment Fund and Structured Product Issuers
  
• CSA Notice Regarding Coordination Blanket Order 51-931 Temporary Exemption from Requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuers
  
• CSA Staff Notice and Consultation 11-348 – Applicability of Canadian Securities Law and the Use of Artificial Intelligence Systems in Capital Markets
  
• Ontario Securities Commission Staff Notice 51-736 Corporate Finance Branch 2024 Annual Report

Canadian securities: Proposed guidance

• Proposed Amendments to Consultation Paper 81-737 Opportunity to Improve Retail Investor Access to Long-Term Assets through Investment Fund Product Structures
• Proposed Amendments to National Instrument 51-102 Continuous Disclosure Obligations for Non-Investment Fund Reporting Issuers