Regulatory Alerts2019-01-03
Regulation 81-106 Respecting Investment Fund Continuous Disclosure
Securities regulators under the Securities Act mandate that investment funds comply with specific continuous disclosure obligations regarding financial reporting and portfolio information. The regulation establishes detailed requirements for the preparation, auditing, and timely filing of annual and interim financial statements in accordance with Canadian GAAP or IFRS. It further defines key terminology, specifies acceptable accounting and auditing standards, and outlines procedures for handling changes in year-end or legal structure while providing exemptions for certain non-reporting mutual funds.
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