Regulatory Alerts2019-09-05
Regulation to Amend Regulation 51-102 Respecting Continuous Disclosure Obligations
The securities regulator amended Regulation 51-102 to modify the significance tests for business acquisitions under the Continuous Disclosure Obligations framework. The changes raise the standard significance thresholds from 20% to 30% for non-venture issuers and adjust the corresponding thresholds for venture issuers. These amendments redefine when an acquisition is considered significant, thereby altering the reporting requirements for reporting issuers.
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