Regulatory Alerts2019-05-02
Amendments to Policy Statement to Regulation 51-101 Respecting Standards of Disclosure for Oil and Gas Activities
The Canadian Securities Administrators issued amendments to the Policy Statement accompanying Regulation 51-101 to align disclosure requirements with the transition from SEDAR to the Renewed System. The changes mandate that documents required or permitted to be filed with regulators, except in Quebec, must be electronically transmitted through the Renewed System in accordance with Regulation 13-103. Additionally, the text updates all references to the legacy SEDAR system and its associated manuals to reflect the new regulatory framework and phased implementation schedule.
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