Regulatory Alerts2023-06-09
Regulation 58-101 respecting Disclosure of Corporate Governance Practices
Issued by Canadian securities regulators under the Securities Act, this regulation mandates that reporting issuers disclose specific corporate governance practices in their management information circulars, annual information forms, or MD&A. It establishes distinct disclosure requirements for non-venture issuers and venture issuers, covering board independence, director nominations, compensation, and ethical codes. Additionally, the regulation requires issuers in specified jurisdictions to disclose policies, targets, and progress regarding the representation of women on boards and in executive positions.
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