2023-06-01
Amendments to Policy Statement to Regulation 71-102 respecting Continuous Disclosure and Other Exemptions Relating to Foreign Issuers
The Canadian securities regulators amended Policy Statement to Regulation 71-102 to align continuous disclosure requirements for foreign issuers with the System for Electronic Data Analysis and Retrieval + (SEDAR+). The update mandates that documents required or permitted to be provided to regulators, excluding those in Québec, must be transmitted electronically through SEDAR+. Additionally, the policy replaces all references to the legacy SEDAR system with SEDAR+ to reflect its phased implementation and current legislative framework.

AMENDMENTS TO POLICY STATEMENT TO REGULATION 71-102 RESPECTING
CONTINUOUS DISCLOSURE AND OTHER EXEMPTIONS RELATING TO
FOREIGN ISSUERS
- Policy Statement to Regulation 71-102 respecting Continuous Disclosure and Other
Exemptions relating to Foreign Issuers is amended by inserting, after section 1.4, the
following:
“1.5. Electronic Transmission
Regulation 13-103 respecting System for Electronic Data Analysis and
Retrieval + (SEDAR+) (insert reference) prescribes that each document that is required or
permitted to be provided to a regulator, except in Québec, or securities regulatory authority
must be transmitted to the regulator, except in Québec, or securities regulatory authority
electronically through the System for Electronic Data Analysis and Retrieval + (SEDAR+).
The reference to a document includes any report, form, application, information,
material and notice, as well as a copy thereof, and applies to documents that are required or
permitted to be filed or deposited with, or delivered, furnished, sent, provided, submitted or
otherwise transmitted to, a regulator, except in Québec, or securities regulatory authority.
To reflect the phased implementation of SEDAR+, the Appendix of Regulation
13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) sets out
securities legislation under which documents are excluded from being filed or delivered in
SEDAR+.
Regulation 13-103 respecting System for Electronic Data Analysis and
Retrieval + (SEDAR+) should be consulted when providing any document to a regulator,
except in Québec, or securities regulatory authority under the Regulation and this Policy
Statement.”.
- Section 4.1 of the Policy Statement is amended by replacing “SEDAR”, wherever it
appears, by “SEDAR+”.