2025-02-06
The Minister of Finance approved the Autorité des marchés financiers' regulation amending Regulation 81-101 respecting Mutual Fund Prospectus Disclosure to modernize disclosure requirements. The amendments introduce a fund facts document regime for funds without simplified prospectuses, establish a 24-month lapse date for simplified prospectus distributions with specific transition conditions, and update Form 81-101F1 to require two-year financial data. These changes aim to streamline mutual fund prospectus disclosure and come into force on March 3, 2025, with specific transitional provisions for existing filings.