Regulatory Alerts2024-11-19
Amendments to Policy Statement to Regulation 51-102 respecting Continuous Disclosure Obligations
Canadian securities regulators amended Policy Statement 51-102 to implement an access model allowing reporting issuers to provide electronic access to financial statements and MD&A via SEDAR+ instead of mandatory paper distribution. The changes require issuers to issue advance news releases at least 25 days prior to making documents electronically available and to maintain specific contact information for securityholders to request copies. These updates clarify that electronic access does not override beneficial owners' standing instructions for paper or electronic delivery under Regulation 54-101.
Share